Azerbaijani oil price decreases

  08 March 2023    Read: 802
Azerbaijani oil price decreases

The price of Azeri LT CIF Augusta totaled $86.47 per barrel on March 7, decreasing by $1.57 compared to the previous price, Trend reports referring to the source from the country's oil and gas market, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan amounted to $84.56 per barrel, down by $1.56 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 March 7 equaled $47.74 per barrel, lower by $1.76 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $1.85 compared to the previous price and made up $84.01 per barrel.


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