Azerbaijani oil price keeps growing 

  01 June 2022    Read: 427
Azerbaijani oil price keeps growing 

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 68 cents on May 31 compared to the previous price, settling at $127.48 per barrel, AzVision.az reports. 

The price of Azeri LT FOB Ceyhan on May 31 amounted to $126.42 per barrel, also up by 68 cents as compared to the previous price.

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 $85.38 per barrel on May 31, rising by $1.42 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea grew by $2.04 compared to the previous price and made up $124.38 per barrel.


More about: Azeri-Light  


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