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Azerbaijani oil prices increase

Oil&Gas Materials 5 November 2022 11:22 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, November 5. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $2.61 on November 4 compared to the previous price, reaching $100.87 per barrel, Trend reports on November 5 referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on November 4 amounted to $98.81 per barrel, up by $2.6 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 $70.8 per barrel on November 4, growing by $2.63 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea rose by $2.92 compared to the previous price and made up $98.73 per barrel.

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