The price of Azeri LT CIF Augusta totaled $75.05 per barrel on May 31, decreasing by $1.22 compared to the previous price, AzVision.az reports referring to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan amounted to $73.32 per barrel, down by $1.17 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 $48.79 per barrel, down by $0.73 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, dropped by $1.09 compared to the previous price and made up $72.89 per barrel on May 31.
More about: #oil
