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Azerbaijani oil prices increase

Economy Materials 4 April 2023 10:34 (UTC +04:00)
Azerbaijani oil prices increase
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, April 4. The price of Azeri LT CIF Augusta totaled $87.81 per barrel on April 3, increasing by $5.93 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 $85.79 per barrel, up by $6 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 $54.25 per barrel on April 3, growing by $6.86 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, increased by $6.45, making up $85.51 per barrel.

(1 USD = 1.7 AZN on April 4, 2023)

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