The price of Azeri LT FOB Ceyhan amounted to $80.66 per barrel, down by $1.89 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 22 equaled $44.32 per barrel, lower by $1.65 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $1.75 compared to the previous price and made up $80.25 per barrel.
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