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Azerbaijani oil prices down

Oil&Gas Materials 15 August 2023 10:23 (UTC +04:00)
Azerbaijani oil prices down
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 15. The price of Azeri LT CIF Augusta totaled $90.86 per barrel on August 14, decreasing $0.54 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 $89.9 per barrel, down by $0.56 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 $73.22 per barrel, down by $0.88 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $0.61 compared to the previous price and made up $87.82 per barrel on August 14.

(1 USD = 1.7 AZN on August 15, 2023)

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