Azerbaijani oil price keeps growing 

  31 August 2023    Read: 3628
Azerbaijani oil price keeps growing 

The price for Azerbaijani Azeri Light oil on CIF basis in the Italian port of Augusta on August 30 increased by $0.65 and amounted to $89.86 per barrel, reports. 

The price of Azerbaijani Light on FOB base in the Turkish port of Ceyhan increased by $0.65 and amounted $88.85 per barrel.

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 $71.53 per barrel, up by $0.25 as compared to the previous price.

Meanwhile, the cost of a barrel of Dated Brent oil, produced in the North Sea, increased by $0.23 compared to the previous price and made up $86.1 per barrel on August 30.

The official rate is 1.7 AZN/1 USD on August 31.

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