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Azerbaijani oil prices decrease

Oil&Gas Materials 8 December 2022 10:29 (UTC +04:00)
Azerbaijani oil prices decrease
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, December 8. The price of Azeri LT CIF Augusta decreased by $1.76 on December 7 compared to the previous price, amounting to $80.33 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $77.45 per barrel, down by $1.76 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 $44.1 per barrel, decreasing by $1.89 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $1.97, compared to the previous price, and made up $78.56 per barrel on December 7.

The official currency for December 8 is 1.7 AZN/1 USD.

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