Azerbaijani oil price increases

  14 June 2023    Read: 1046
Azerbaijani oil price increases

The price of Azeri LT CIF Augusta totaled $76.77 per barrel on June 13, increasing by $1.67 compared to the previous price, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan amounted to $75.34 per barrel, up by $1.76 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 per barrel, up by $1.56 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, increased by $1.49 compared to the previous price and made up $73.95 per barrel on June 13.

(1 USD = 1.7 AZN on June 14, 2023)


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