BAKU, Azerbaijan, March 16. The price of Azeri LT CIF Augusta totaled $74.42 per barrel on March 15, decreasing by $6.99 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 $72.59 per barrel, down by $7.04 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 $37.84 per barrel on March 15, lowering by $7 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $7 compared to the previous price and made up $71.84 per barrel.
(1 USD = 1.7 AZN on March 16, 2023)