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Azerbaijani oil prices decrease

Oil&Gas Materials 18 April 2023 10:02 (UTC +04:00)
Azerbaijani oil prices decrease
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, April 18. The price of Azeri LT CIF Augusta totaled $88.59 per barrel on April 17, decreasing by $1.5 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 $86.85 per barrel, down by $1.42 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 $57.59 per barrel on April 17, decreasing by $0.67 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $1.33 compared to the previous price and made up $85.56 per barrel.

(1 USD = 1.7 AZN on April 18, 2023)

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