Azerbaijani oil price increases

  24 May 2023    Read: 1117
Azerbaijani oil price increases

The price of Azeri LT CIF Augusta totaled $79.76 per barrel on May 23, increasing by $1.06 compared to the previous price, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan amounted to $76.81 per barrel, up by 99 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 $50.82 per barrel, growing by $1.09 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, lowered by $1.09 compared to the previous price and made up $76.9 per barrel.


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