Azerbaijani oil price drops on world

22 December 2024

Azerbaijani oil price drops on world markets

10:23 04 May 1988 Read: 269

Azerbaijani oil price drops on world markets

The price of Azeri LT CIF Augusta totaled $75.1 per barrel on May 3, decreasing by $3.94 compared to the previous price, AzVision.az reports.

The price of Azeri LT FOB Ceyhan amounted to $73.58 per barrel, down by $4.

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 $46.6 per barrel, decreasing by $3.97 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $4.67 compared to the previous price and made up $72.51 per barrel.

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