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Azerbaijani oil prices decrease

Economy Materials 20 April 2023 10:40 (UTC +04:00)
Azerbaijani oil prices decrease
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, April 20. The price of Azeri LT CIF Augusta totaled $87.42 per barrel on April 20, decreasing by $1.18 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 $85.95 per barrel, down by $1.01 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 $56.90 per barrel on April 20, decreasing by $1.16 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $1.08 compared to the previous price and made up $85.55 per barrel.

(1 USD = 1.7 AZN on April 20, 2023)

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