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Azerbaijani oil prices decrease

Oil&Gas Materials 23 February 2023 09:23 (UTC +04:00)
Azerbaijani oil prices decrease
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, February 23. The price of Azeri LT CIF Augusta totaled $82.4 per barrel on February 22, decreasing by $1.94 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 $80.66 per barrel, down by $1.89 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 22 equaled $44.32 per barrel, lower by $1.65 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $1.75 compared to the previous price and made up $80.25 per barrel.

(1 USD = 1.7 AZN on February 23, 2023)

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