Price of Azerbaijani oil rises

  12 August 2023    Read: 2115
Price of Azerbaijani oil rises

The price of Azeri LT CIF Augusta brand totaled $91.4 per barrel on August 11, increasing by $0.21 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 $90.46 per barrel, which is $0.22 more than the previous price.

In addition, Azerbaijan sells its URALS oil through the Baku-Novorossiysk pipeline from the Russian Black Sea port of Novorossiysk. URALS cost $74.1 a barrel when shipped from the port, a decrease of $0.1 from the previous price.

Meanwhile, the price of a barrel of Brent Dated oil produced in the North Sea rose by $0.16 from the previous day on August 11 to $88.43 per barrel.


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