Azerbaijani oil price drops on world markets 

  22 November 2022    Read: 164
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 $4.66 on November 21 compared to the previous price, amounting to $85.19 per barrel, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan on November 21 amounted to $82.04 per barrel, down by $4.86 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 $50.89 per barrel on November 21, lowering by $5.84 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by $5.21 compared to the previous price and made up $83.2 per barrel.


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