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Azerbaijani oil prices decrease

Oil&Gas Materials 7 July 2022 10:56 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, July 7. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $3.11 on July 6 compared to the previous price, amounting to $114.61 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on July 6 amounted to $113.24 per barrel, down by $3.11 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 $68.52 per barrel on July 6, decreasing by $3.18 as compared to the previous price.

The cost of a barrel of Brent Dated oil, produced in the North Sea decreased by $3.2 compared to the previous price and made up $109.95 per barrel.

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