Azerbaijani oil prices sharply increase on world markets

  13 January 2023    Read: 665
Azerbaijani oil prices sharply increase on world markets

The price of Azeri LT CIF Augusta totalled $90.63 per barrel on January 12, increasing by $3.11 compared to the previous price, AzVision.az reports.

The price of Azeri LT FOB Ceyhan amounted to $88.5 per barrel, up by $3.02 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 12 equalled $44.7 per barrel, up by $2.37 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, grew by $2.39 compared to the previous price and made up $82.83 per barrel.


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