Azerbaijani oil prices continue to

25 November 2024

Azerbaijani oil prices continue to grow

10:49 13 May 2022 Read: 559

Azerbaijani oil prices continue to grow

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.25 on May 12 compared to the previous price, settling at $113.98 per barrel, AzVision.az reports.

The price of Azeri LT FOB Ceyhan on May 12 amounted to $112.79 per barrel, up by $1.27 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 $72.22 per barrel on May 12, rising by $1.03 as compared to the previous price.

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