(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 4. The price of Azeri LT
CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG)
field, declined by $1.92 on May 3 compared to the previous price,
settling at $110.7 per barrel, Trend reports referring to the source from the
country's oil and gas market.
The price of Azeri LT FOB Ceyhan on May 3 amounted to $109.49
per barrel, down by $1.9 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
The price of URALS with shipment from the port equaled $69.42
per barrel on May 3, reduced by $2.24 as compared to the previous
Meanwhile, the cost of a barrel of Brent Dated oil, produced in
the North Sea lowered by $2.03 compared to the previous price and
made up $106.13 per barrel.
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