Azerbaijani oil price increases

  18 May 2023    Read: 1389
Azerbaijani oil price increases

The price of Azeri LT CIF Augusta totaled $79.22 per barrel on May 17, increasing by $1.35 compared to the previous price, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan amounted to $77.29 per barrel, up by $1.24 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 $51.08 per barrel, growing by $1.31 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $1.18 compared to the previous price and made up $76.33 per barrel.


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