Azerbaijani oil prices decrease on world markets

  18 March 2023    Read: 1153
Azerbaijani oil prices decrease on world markets

The price of Azeri LT CIF Augusta totaled $75.4 per barrel on March 17, decreased by $0.85 compared to the previous price, AzVision.az reports.

The price of Azeri LT FOB Ceyhan amounted to $73.37 per barrel, down by $0.88 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 $38.78 per barrel on March 16, declining by $0.86 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $0.86 compared to the previous price and made up $72.28 per barrel.


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