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Azerbaijani oil prices down July 31

Economy Materials 1 August 2015 13:29 (UTC +04:00)
The price of AZERI LT CIF Augusta stood at $54.02 per barrel on July 31 or $0.93 per barrel less compared to the price on July 30

Baku, Azerbaijan, Aug.1

By Anvar Mammadov - Trend:

The price of AZERI LT CIF Augusta stood at $54.02 per barrel on July 31 or $0.93 per barrel less compared to the price on July 30, the State Oil Company of Azerbaijan told Trend Aug.1.

Azeri Light oil is produced from the Azeri-Chirag-Gunashli offshore fields. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, and to the Georgian port of Supsa via the Baku-Supsa pipeline.

AZERI LT FOB Ceyhan oil price was $53.02 per barrel or $0.93 per barrel less than the previous price.

Azerbaijan also exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline.

The price of URALS (EX-NOVO) was $49.72 per barrel on July 31 or $0.93 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $52.53 per barrel on July 31, or $1.19 per barrel less than the previous price.

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Follow the author on Twitter: @Anvar_Mammadov

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