Azerbaijani oil price drops on world markets 

  08 December 2022    Read: 176
Azerbaijani oil price drops on world markets 

The price of Azeri LT CIF Augusta decreased by $1.76 on December 7 compared to the previous price, amounting to $80.33 per barrel, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan amounted to $77.45 per barrel, down by $1.76 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 $44.1 per barrel, decreasing by $1.89 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $1.97, compared to the previous price, and made up $78.56 per barrel on December 7.


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