BAKU, Azerbaijan, June 18. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $3.66 on June 17 compared to the previous price, settling at $121.97 per barrel, Trend reports referring to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan on June 17 amounted to $120.37 per barrel, down by $3.66 cents 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 $79.41 per barrel on June 17, down by $3.61 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea increased by $3.7 compared to the previous price and made up $120.58 per barrel.
(1 USD = 1.7 AZN on June 18)