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Azerbaijani oil price rises above $70 per barrel

The price of Azerbaijan’s Azeri LT CIF crude oil increased by $0.92, or 1.3%, reaching $70.16 per barrel on the world market.

Meanwhile, August futures for Brent crude traded at $68.11 per barrel, News.Az reports, citing local media.

The FOB (Free on Board) price of Azeri LT CIF oil at Türkiye’s Ceyhan port also rose by $0.91, or 1.3%, reaching $68.84 per barrel.



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