Azerbaijani oil prices drop
Baku, Azerbaijan, July 3
By Azad Hasanli - Trend:
The price of AZERI LT CIF Augusta stood at $63.61 per barrel on July 2, or $0.12 per barrel less compared to the price on July 1, the State Oil Company of Azerbaijan told Trend July 3.
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 $62.46 per barrel or $0.03 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 $60.53 per barrel on July 2 or $0.09 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $61.51 per barrel on July 2, or $0.16 per barrel less than the previous price.
Edited by SI
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