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Azerbaijani oil prices increase

Oil&Gas Materials 8 February 2023 10:32 (UTC +04:00)
Azerbaijani oil prices increase
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, February 8. The price of Azeri LT CIF Augusta totaled $85.34 per barrel on February 7, increasing by $2.74 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 $83.57 per barrel, up by $2.75 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 February 7 equaled $45.66 per barrel, growing by $2.7 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by $2.51 compared to the previous price and made up $82.11 per barrel.

(1 USD = 1.7 AZN on February 8, 2023)

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