Price of Azerbaijani oil increases

  06 October 2022    Read: 555
Price of Azerbaijani oil increases

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.65 on October 5 compared to the previous price, amounting to $98.37 per barrel, AzVision.az reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on October 5 amounted to $96.65 per barrel, up by $1.75 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 $68.73 per barrel on October 5, growing by $1.7 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea rose by $1.51 compared to the previous price and made up $95.24 per barrel.


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