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Azerbaijani oil prices increase

Oil&Gas Materials 15 September 2022 11:36 (UTC +04:00)
Azerbaijani oil prices increase
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 15. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.63 on September 14 compared to the previous price, amounting to $97.49 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 14 amounted to $96.08 per barrel, up by $1.56 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 $68.66 per barrel on September 14, growing by $1.28 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea rose by $1.68 compared to the previous price and made up $93.13 per barrel.

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