BAKU, Azerbaijan, July 19. The price of Azeri LT CIF Augusta totaled $83.53 per barrel on July 18, increasing $0.57 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 $82.27 per barrel, up by $0.58 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 $60.73 per barrel, growing by $0.67 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by $0.77 compared to the previous price and made up $79.41 per barrel on July 18.
(1 USD = 1.7 AZN on July 19, 2023)