Price of Azerbaijani oil rises

  12 January 2023    Read: 551
Price of Azerbaijani oil rises

The price of Azeri LT CIF Augusta totaled $87.52 per barrel on January 11, increasing by $2.69 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 $85.48 per barrel, up by $3.27 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 11 equaled $42.33 per barrel, up by $1.44 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, grew by $2.64 compared to the previous price and made up $80.44 per barrel.


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