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Azerbaijani oil prices decrease

Oil&Gas Materials 9 September 2022 10:54 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, September 9. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by 47 cents on September 8 compared to the previous price, amounting to $92.3 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on September 8 amounted to $90.9 per barrel, down by 38 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 $64.38 per barrel on September 8, lowering by 68 cents as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by 40 cents compared to the previous price and made up $87.78 per barrel.

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