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Azerbaijani oil prices drop

Oil&Gas Materials 23 August 2022 09:58 (UTC +04:00)
Azerbaijani oil prices drop
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, August 23. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $2.41 on August 22 compared to the previous price, amounting to $96.6 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on August 22 amounted to $95.03 per barrel, down by $2.38 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 $72.88 per barrel on August 22, decreasing by $2.89 as compared to the previous price.

The cost of a barrel of Brent Dated oil, produced in the North Sea decreased by $3.32 compared to the previous price and made up $93.84 per barrel.

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