BAKU, Azerbaijan, June 7. The price of Azeri LT CIF Augusta totaled $78.56 per barrel on June 6, decreasing by 96 cents 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 $77.08 per barrel, down by 91 cents 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 $52.13 per barrel, dropping by $1.85 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $1.02 compared to the previous price and made up $76.29 per barrel on June 6.
(1 USD = 1.7 AZN on June 7, 2023)