The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $2.19 on October 12 compared to the previous price, amounting to $96.94 per barrel, AzVision.az reports on October 13 citing the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan on October 12 amounted to $95.23 per barrel, down by $1.89 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 $67.31 per barrel on October 12, lowering by $1.87 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by $2.26 compared to the previous price and made up $93.08 per barrel.
More about: #oilprice
