The price of Azeri LT CIF Augusta totaled $89.29 per barrel on August 16, increasing $0.16 compared to the previous price, AzVision.az reports.
The price of Azeri LT FOB Ceyhan amounted to $88.33 per barrel, up by $0.16 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 $71.08 per barrel, down by $0.15 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $0.09 compared to the previous price and made up $86.11 per barrel on August 16.
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