Azerbaijani oil prices increase in world markets

  21 October 2022    Read: 594
Azerbaijani oil prices increase in world markets

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $2.85 on October 20 compared to the previous price, amounting to $96.12 per barrel, AzVision.az reports on October 21 referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on October 20 amounted to $94.15 per barrel, up by $2.84 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 $65.31 per barrel on October 20, growing by $2.82 as compared to the previous price.

 

 


Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea rose by $2.75 compared to the previous price and made up $92.69 per barrel.


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