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Azerbaijani oil prices up

Oil&Gas Materials 5 April 2022 10:42 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, April 5. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.84 on April 4 compared to the previous price, settling at $112.42 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $110.89 per barrel, increasing by $1.6 as 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 $70.85 per barrel on April 4, decreasing by $2.32 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea increased by $1.3 compared to the previous price and made up $108.73 per barrel.

(1 USD = 1.7 AZN on April 5)

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