Azerbaijani Oil Prices Increase


(MENAFN- Trend News Agency)

BAKU, Azerbaijan, May 6. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $3.39 on May 5 compared to the previous price, settling at $116.94 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 5 amounted to $115.71 per barrel, also up by $3.39 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 $75.7 per barrel on May 5, grew by $3.31 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea rose by $3.39 compared to the previous price and made up $112.41 per barrel.

Tags:
  • oil prices

MENAFN06052022000187011040ID1104168449


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.