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Azerbaijani oil prices decrease

Economy Materials 27 September 2022 11:21 (UTC +04:00)
Azerbaijani oil prices decrease
Maryana Akhmedova
Maryana Akhmedova
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BAKU, Azerbaijan, September 27. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by 84 cents on September 26 compared to the previous price, amounting to $89.07 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on September 26 amounted to $87.41 per barrel, down by 74 cents as 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 $59.91 per barrel on September 26, lowering by 76 cents as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by 66 cents compared to the previous price and made up $84.63 per barrel.

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