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Azerbaijani oil prices decrease

Oil&Gas Materials 25 January 2023 09:22 (UTC +04:00)
Azerbaijani oil prices decrease
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, January 25. The price of Azeri LT CIF Augusta totaled $89.87 per barrel on January 24, decreasing by $2.24 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 $87.67 per barrel, also down by $2.15 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 on January 24 equaled $48.86 per barrel, lower by $2.11 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $2.08 compared to the previous price and made up $86.13 per barrel.

(1 USD = 1.7 AZN on January 25, 2023).

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