BAKU, Azerbaijan, The price of Azeri LT CIF Augusta totaled $89.87 per barrel on January 24, decreasing by $2.24 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 $87.67 per barrel, also down by $2.15 as 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 on January 24 equaled $48.86 per barrel, lower by $2.11 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $2.08 compared to the previous price and made up $86.13 per barrel.
(1 USD = 1.7 AZN on January 25, 2023).
Source: TREND News Agency