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Azerbaijani oil prices increase

Oil&Gas Materials 22 March 2023 10:22 (UTC +04:00)
Azerbaijani oil prices increase
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, March 22. The price of Azeri LT CIF Augusta totaled $76.71 per barrel on March 21, increasing by $1.96 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 $74.21 per barrel, up by $1.63 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 $40.21 per barrel on March 21, growing by $1.94 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by $2.07 compared to the previous price and made up $73.78 per barrel.

(1 USD = 1.7 AZN on March 22, 2023)

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