Azerbaijani oil price down June 1
Baku, Azerbaijan, June 2
By Anvar Mammadov - Trend:
The price of AZERI LT CIF Augusta stood at $64.86 per barrel on June 1, or $0.44 per barrel less compared to the price on May 29, the State Oil Company of Azerbaijan told Trend May 30.
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 $63.62 per barrel or $0.35 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 $61.76 per barrel on June 1 or $0.13 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $62.89 per barrel on June 1, or $0.6 per barrel less than the previous price.
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