Price of Azerbaijani oil rises 

  13 September 2023    Read: 383
Price of Azerbaijani oil rises 

The price for Azerbaijani Azeri Light oil on CIF basis in the Italian port of Augusta on September 12 increased by $1.91 and amounted to $98.64 per barrel, reports, referring to the source from the country's oil and gas market.

The price of Azeri Light on FOB base in the Turkish port of Ceyhan also increased by $1.91 and amounted to $97.75 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 $79.72 per barrel, up by $1.94 as compared to the previous price.

Meanwhile, the cost of a barrel of Dated Brent oil, produced in the North Sea, grew by $1.58 compared to the previous price and made up $93.6 per barrel on September 12.

The official rate is 1.7 AZN/1 USD on September 13.

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