Azerbaijani oil price increases

  04 July 2023    Read: 1105
Azerbaijani oil price increases

The price of Azeri LT CIF Augusta totaled $79.18 per barrel on July 3, increasing 33 cents compared to the previous price, AzVision.az reports.

The price of Azeri LT FOB Ceyhan amounted to $77.81 per barrel, up by 44 cents 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 $55.43 per barrel, growing by 79 cents as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by 56 cents compared to the previous price and made up $75.53 per barrel on July 3.

(1 USD = 1.7 AZN on July 4, 2023)


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