Azerbaijani oil price drops on world markets 

  09 September 2022    Read: 450
Azerbaijani oil price drops on world markets 

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by 47 cents on September 8 compared to the previous price, amounting to $92.3 per barrel, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan on September 8 amounted to $90.9 per barrel, down by 38 cents 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 $64.38 per barrel on September 8, lowering by 68 cents as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by 40 cents compared to the previous price and made up $87.78 per barrel.


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