Azerbaijani oil price increases

  10 March 2023    Read: 718
Azerbaijani oil price increases

The price of Azeri LT CIF Augusta totaled $85.45 per barrel on March 9, increasing by 72 cents compared to the previous price, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan amounted to $83.63 per barrel, up by 78 cents 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 equaled $47.5 per barrel on March 9, growing by $1.24 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by 71 cents compared to the previous price and made up $83.07 per barrel.

(1 USD = 1.7 AZN on March 10, 2023)


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