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Azerbaijani oil prices increase

Economy Materials 7 October 2022 10:35 (UTC +04:00)
Azerbaijani oil prices increase
Maryana Akhmedova
Maryana Akhmedova
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BAKU, Azerbaijan, October 7. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 98 cents on October 6 compared to the previous price, amounting to $99.35 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on October 6 amounted to $97.64 per barrel, up by 99 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 $69.74 per barrel on October 6, growing by $1.01 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea rose by 82 cents compared to the previous price and made up $96.06 per barrel.

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