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Azerbaijani oil prices continue growing

Oil&Gas Materials 14 April 2022 11:08 (UTC +04:00)
Azerbaijani oil prices continue growing
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 14. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, grew by $1.61 on April 13 compared to the previous price, settling at $110.72 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 $108.71 per barrel, increasing by $1.7 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 $68.2 per barrel on April 13, rising by $1.75 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea increased by $1.31 compared to the previous price and made up $106.64 per barrel.

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