The price of Azeri LT CIF Augusta brand totaled $88.9 per barrel on August 3, increasing by $1.57 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 $87.96 per barrel, which is $1.6 more 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 $71.24 a barrel when shipped from the port, a growth of $3.07 from the previous price.
Meanwhile, the price of a barrel of Brent Dated oil produced in the North Sea rose by $1.62 from the previous day on August 3 to $85.8 per barrel.
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