Azerbaijani oil prices increase on world markets

  26 March 2022    Read: 413
Azerbaijani oil prices increase on world markets

The price of Azeri LT CIF Augusta increased by $0.58 on March 25 compared to the previous price, settling at $123.8 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 March 25 amounted to $122.2 per barrel, increasing by $0.59 as compared to the previous price.

Azerbaijan also sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk pipeline.

The price of URALS with shipment from the port equalled $86.9 per barrel on March 25, increasing by $0.58 as compared to the previous price.

The cost of a barrel of Brent Dated oil, produced in the North Sea increased by $0.31 compared to the previous price and made up $124.3 per barrel.


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