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Azerbaijani oil prices up

Economy Materials 16 June 2023 10:32 (UTC +04:00)
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, June 16. The price of Azeri LT CIF Augusta totaled $77.76 per barrel on June 15, increasing by $0.80 compared to the previous price, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $76.33 per barrel, up by $0.82 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 $52.78 per barrel, up by $1.71 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, increased by $0.64 compared to the previous price and made up $74.51 per barrel on June 15.

(1 USD = 1.7 AZN on June 16, 2023)

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