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Azerbaijani oil prices increase

Oil&Gas Materials 13 July 2023 10:51 (UTC +04:00)
Azerbaijani oil prices increase
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, July 13. The price of Azeri LT CIF Augusta totaled $84.11 per barrel on July 12, increasing $0.83 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 $82.9 per barrel, up by $0.84 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 $61.16 per barrel, growing by $0.84 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by $0.72 compared to the previous price and made up $80.25 per barrel on July 12.

(1 USD = 1.7 AZN on July 13, 2023)

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