(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 5. The price of Azeri LT
CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG)
field, increased by $2.85 on May 4 compared to the previous price,
settling at $113.55 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 4 amounted to $112.32
per barrel, up by $2.83 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 equaled $72.39
per barrel on May 4, which grew by $2.97 as compared to the
previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in
the North Sea lowered by $2.89 compared to the previous price and
made up $109.02 per barrel.
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