BAKU, Azerbaijan, June 17. The price of Azeri LT CIF Augusta totaled $78.58 per barrel on June 16, increasing by $0.82 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 $77.12 per barrel, up by $0.79 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 $53.59 per barrel, up by $0.81 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, increased by $0.75 compared to the previous price and made up $75.26 per barrel on June 16.
(1 USD = 1.7 AZN on June 17, 2023)