Azerbaijani oil prices decrease on world markets

  25 March 2023    Read: 1099
Azerbaijani oil prices decrease on world markets

The price of Azeri LT CIF Augusta totalled $76.25 per barrel on March 24, decreasing by $2.51 compared to the previous price, AzVision.az reports.

The price of Azeri LT FOB Ceyhan amounted to $73.67 per barrel, down by $2.36 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 $39.63 per barrel on March 24, declining by $2.58 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $2.63 compared to the previous price and made up $73.25 per barrel.


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