Azerbaijani oil prices increase on world markets

  14 December 2022    Read: 435
Azerbaijani oil prices increase on world markets

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, grew by $2.24 on December 13 compared to the previous price, amounting to $83.04 per barrel, AzVision.az reports.

The price of Azeri LT FOB Ceyhan on December 13 amounted to $80.16 per barrel, also up by $2.29 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 $45.56 per barrel, increasing by $2.26 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea rose by $2.23 compared to the previous price and made up $80.97 per barrel.


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