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Azerbaijani oil prices increase

Oil&Gas Materials 5 September 2023 09:23 (UTC +04:00)
Azerbaijani oil prices increase
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 5. The price of Azeri LT CIF Augusta increased by $1.13 and amounted to $94.63 per barrel on September 4, Trend reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan grew by $1.14 and amounted $93.67 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 $76.24 per barrel, up by $1.15 as compared to the previous price.

Meanwhile, the cost of a barrel of Dated Brent oil, produced in the North Sea, rose by $1.17 compared to the previous price and made up $90.61 per barrel on September 4.

The official rate is 1.7 AZN/1 USD on September 5.

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