Azerbaijani oil price drops in world markets 

  16 November 2023    Read: 674
Azerbaijani oil price drops in world markets 

The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on November 15 decreased by $2.3 and amounted to $85.81 per barrel compared to the previous indicator, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan fell by $2.25 and amounted to $83.87 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 $68.58 per barrel, which is $2.43 less than the previous price.

In general, the cost of a barrel of Dated Brent oil produced in the North Sea decreased by $2.58 on November 15 compared to the previous indicator, to $82.61 per barrel.

The official rate is 1.7 AZN/1 USD on November 16.

 

AzVision.az


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