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Azerbaijani oil prices decrease

Oil&Gas Materials 18 November 2022 11:41 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, November 18. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $1.37 on November 17 compared to the previous price, amounting to $93.1 per barrel, Trend reports on November 18 referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on November 17 amounted to $90.3 per barrel, down by $1.71 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 $60.4 per barrel on November 17, lowering by $1.8 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by $1.01 compared to the previous price and made up $91.37 per barrel.

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