Price of Azerbaijani oil goes down

  15 August 2023    Read: 1738
Price of Azerbaijani oil goes down

The price of Azeri LT CIF Augusta totaled $90.86 per barrel on August 14, decreasing $0.54 compared to the previous price, AzVision.az reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $89.9 per barrel, down by $0.56 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 $73.22 per barrel, down by $0.88 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $0.61 compared to the previous price and made up $87.82 per barrel on August 14.


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