BAKU, Azerbaijan, September 1. The price of Azeri LT CIF Augusta increased by $1.57 and amounted to $91.43 per barrel on August 31, Trend reports, referring to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan grew by $1.61 and amounted $90.46 per barrel.
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 $73.1 per barrel, up by $1.57 as compared to the previous price.
Meanwhile, the cost of a barrel of Dated Brent oil, produced in the North Sea, increased by $1.26 compared to the previous price and made up $87.36 per barrel on August 31.
The official rate is 1.7 AZN/1 USD on September 1.