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Azerbaijani oil prices decrease

Oil&Gas Materials 28 June 2023 09:47 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 28. The price of Azeri LT CIF Augusta totaled $76.47 per barrel on June 27, decreasing by 68 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 $74.86 per barrel, down by 66 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 $51.81 per barrel, lowering by 73 cents as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by 76 cents compared to the previous price and made up $72.79 per barrel on June 27.

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

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