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Azerbaijani oil prices surge

Oil&Gas Materials 10 December 2022 09:24 (UTC +04:00)
Azerbaijani oil prices surge
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, December 10. The price of Azeri LT CIF Augusta totaled $79.49 per barrel on December 9, growing by $1.42 compared to the previous price, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $76.56 per barrel, up by $1.31 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 $42.17 per barrel, increasing by $1.26 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by $1.27 compared to the previous price and made up $77.63 per barrel on December 9.

(1 USD = 1.7 AZN on December 10).

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