BAKU, Azerbaijan, May 20. The price of Azeri LT CIF Augusta totaled $78.81 per barrel on May 19, decreasing by $0.15, 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 decreasing by $0.15, amounted $76.82 per barrel.
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 $50.83 per barrel, growing by $0.02 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $0.2 compared to the previous price and made up $75.93 per barrel.
(1 USD = 1.7 AZN on May 20, 2023)