Azerbaijani oil prices increase on world markets

  08 September 2023    Read: 1507
Azerbaijani oil prices increase on world markets

The price of Azeri LT CIF Augusta increased by 68 cents and amounted to $96.43 per barrel on September 7, AzVision.az reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan grew by 69 cents and amounted $95.51 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 $77.73 per barrel, up by 48 cents as compared to the previous price.

Meanwhile, the cost of a barrel of Dated Brent oil, produced in the North Sea, rose by 49 cents compared to the previous price and made up $91.99 per barrel on September 7.

The official rate is 1.7 AZN/1 USD on September 8.


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