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Azerbaijani oil prices show increase

Oil&Gas Materials 8 July 2023 10:04 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, July 8. The price of Azeri LT CIF Augusta totaled $81.76 per barrel on July 7, increasing $2.48 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 $80.51 per barrel, up by $2.51 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 $58.96 per barrel, growing by $2.89 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by $2.35 compared to the previous price and made up $77.94 per barrel on July 7.

(1 USD = 1.7 AZN on July 8, 2023)

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