Price of Azerbaijani oil decreases

  20 April 2022    Read: 235
Price of Azerbaijani oil decreases

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $0.54 on April 19 compared to the previous price, settling at $109.76 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 April 19 amounted to $107.79 per barrel, down by $0.49 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 equaled $67.44 per barrel on April 19, reduced by $0.68 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea lowered by $0.92 compared to the previous price and made up $105.65 per barrel.


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