The price of Azeri LT FOB Ceyhan amounted to $85.55 per barrel, down by $0.15 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 31 equaled $47.33 per barrel, lower by $0.38 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, dropped by $0.41 compared to the previous price and made up $84.22 per barrel.
(1 USD = 1.7 AZN on February 1, 2023)
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