The price of Azeri LT CIF Augusta totaled $75.10 per barrel on June 12, decreasing by $3.33 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 $73.58 per barrel, down by $3.34 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 $49.44 per barrel, lowering by $3.45 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $3.22 compared to the previous price and made up $72.46 per barrel on June 12.
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