Azerbaijani oil price

24 November 2024

Azerbaijani oil price decreases

10:55 23 September 2023 Read: 1214

Azerbaijani oil price decreases

The price for Azerbaijani Azeri Light oil on a CIF basis in the Italian port of Augusta on September 22 decreased by $0.81 and amounted to $99.97 per barrel, AzVision.az reports.

The price of Azeri Light on FOB base in the Turkish port of Ceyhan decreased by $0.81 to $98.91 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 $81.22 per barrel, down by $0.19 as compared to the previous price.

The cost of a barrel of Dated Brent oil, produced in the North Sea, fell by $0.27 compared to the previous price and made up $94.23 per barrel on September 22.

The official rate is 1.7 AZN/1 USD on September 23.

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