Price of Azerbaijani oil rises 

  05 May 2023    Read: 1509
Price of Azerbaijani oil rises 

The price of Azeri LT CIF Augusta totaled $75.65 per barrel on May 4, increasing by 55 cents compared to the previous price, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan amounted to $74.14 per barrel, up by 56 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 $47.25 per barrel on May 4, growing by 65 cents as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by 60 cents compared to the previous price and made up $73.11 per barrel.


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