Azerbaijani oil prices increase on world markets

  20 January 2022    Read: 188
Azerbaijani oil prices increase on world markets

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.93 on Jan. 19 compared to the previous price and amounted to $92.49 per barrel, AzVision.az reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on Jan. 19 totaled $91.68 per barrel, up by $1.95 as compared to the previous price.

The price of URALS oil, sold by Azerbaijan from the Russian Black Sea port of Novorossiysk through the Baku-Novorossiysk pipeline, made up $87.11 per barrel on Jan. 19, increasing by $1.97 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated, produced in the North Sea, rose by $1.98 compared to the previous price and made up $90.51 per barrel.

The official exchange rate on Jan. 20 is 1.7 AZN/1 USD.


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