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)