BAKU, Azerbaijan, May 10. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $7.49 on May 9 compared to the previous price, settling at $111.55 per barrel, Trend reports referring to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan on May 9 amounted to $110.33 per barrel, also down by $7.49 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 $70.4 per barrel on May 9, reducing by $7.49 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea lowered by $7.59 compared to the previous price and made up $106.74 per barrel.