Price of Azerbaijani oil rises

  01 August 2023    Read: 1075
  Price of Azerbaijani oil rises

The price of Azeri LT CIF Augusta brand totaled $89.27 per barrel on July 31, increasing $1.26 compared to the previous price, AzVision.az reports, referring to the source from the country's oil and gas market.

Azeri LT FOB Ceyhan brand currently costs $88.27 per barrel, which is $1.29 more expensive than the previous price.

Additionally, Azerbaijan sells its URALS oil through the Baku-Novorossiysk pipeline from the Russian Black Sea port of Novorossiysk. URALS cost $69.78 a barrel when shipped from the port, an increase of $1.53 from the previous price.

Meanwhile, the price of a barrel of Brent Dated oil produced in the North Sea jumped by $1.66 from the previous day on July 31 to $85.66 per barrel.

 


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