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Azerbaijani oil prices increase

Oil&Gas Materials 28 March 2023 10:07 (UTC +04:00)
Azerbaijani oil prices increase
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, March 28. The price of Azeri LT CIF Augusta totaled $78.28 per barrel on March 27, increasing by $2.03 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 $75.85 per barrel, up by $2.18 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 $41.62 per barrel on March 27, growing by $1.99 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, also rose by $2.01 compared to the previous price and made up $75.26 per barrel.

(1 USD = 1.7 AZN on March 28, 2023)

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