Azerbaijani oil prices drop
Baku, Azerbaijan, July 20
By Azad Hasanli - Trend:
The price of AZERI LT CIF Augusta stood at $58.88 per barrel on July 17 or $0.91 per barrel less compared to the price on July 16, the State Oil Company of Azerbaijan told Trend July 20.
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 $57.97 per barrel or $0.93 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 $54.55 per barrel on July 17 or $0.88 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $56.48 per barrel on July 17, or $0.88 per barrel less than the previous price.