Price of Azerbaijani oil decreases 

  08 August 2023    Read: 673
Price of Azerbaijani oil decreases 

The price of Azeri LT CIF Augusta brand totaled $89.45 per barrel on August 7, decreasing by $0.66 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 $88.55 per barrel, which is $0.63 less 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 $72.74 a barrel when shipped from the port, a decrease of $0.55 from the previous price.

Meanwhile, the price of a barrel of Brent Dated oil produced in the North Sea lowered by $0.31 from the previous day on August 7 to $86.55 per barrel.

 


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