Azerbaijani oil prices decrease on world markets

  03 February 2023    Read: 657
Azerbaijani oil prices decrease on world markets

The price of Azeri LT CIF Augusta totaled $84.14 per barrel on February 2, 2023, decreasing by $2.27 compared to the previous price, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $82.26 per barrel, down by $2.26 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 February 2 equaled $43.94 per barrel, lower by $2.27 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, dropped by $2.24 compared to the previous price and made up $80.74 per barrel.


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