Baku, Azerbaijan, May 19
By Maksim Tsurkov - Trend:
The price of AZERI LT CIF Augusta stood at $66.99 per barrel on May 18, or $0.17 per barrel less compared to the price on May 15, the State Oil Company of Azerbaijan told Trend May 19.
Azeri Light oil is produced from the Azeri-Chirag-Gunashli offshore fields. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, and to the Georgian port of Supsa via the Baku-Supsa pipeline.
AZERI LT FOB Ceyhan oil price was $65.87 per barrel or $0.2 per barrel less than the previous price.
Azerbaijan also exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline.
The price of URALS (EX-NOVO) was $63.66 per barrel on May 18 or $0.2 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $65.22 per barrel on May 18, or $0.05 per barrel more than the previous price.
-----------
Follow the author on Twitter: @MaksimTsurkov