Azerbaijani oil price decreases 

  29 September 2023    Read: 442
Azerbaijani oil price decreases 

The price for Azerbaijani Azeri Light oil on a CIF basis in the Italian port of Augusta on September 28 decreased by $0.99 and amounted to $101.71 per barrel, AzVision.az reports. 

The price of Azeri Light on FOB basis in the Turkish port of Ceyhan decreased by $0.95 to $100.7 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 $83.77 per barrel, down by $0.7 as compared to the previous price.

The cost of a barrel of Dated Brent oil, produced in the North Sea, fell by $0.15 compared to the previous price and made up $97.77 per barrel on September 28.

The official rate is 1.7 AZN/1 USD on September 29.


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