Azerbaijani oil prices increase on world markets

  10 January 1999    Read: 208
Azerbaijani oil prices increase on world markets

The price of Azeri LT CIF Augusta totalled $84.63 per barrel on January 9, increasing by three cents compared to the previous price, AzVision.az reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $82.97 per barrel, up by nine 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 on January 9 equaled $41.69 per barrel, up by three cents as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, grew by five cents compared to the previous price and made up $77.44 per barrel.


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