The price of Azerbaijani Light on FOB base in the Turkish port of Ceyhan amounted to $86.65 per barrel, down by $1.02 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 $69.61 per barrel, down by $0.76 as compared to the previous price.
Meanwhile, the cost of a barrel of Dated Brent oil, produced in the North Sea, declined by $1.18 compared to the previous price and made up $84.14 per barrel on August 23.
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