(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 18. The price of Azeri LT
CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG)
field, increased by $3.79 on May 17 compared to the previous price,
settling at $123.18 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 17 amounted to $122.06
per barrel, up by $3.79 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 $79.73
per barrel on May 17, rising by $3.27 as compared to the previous
price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in
the North Sea grew by $3.37 compared to the previous price and made
up $116.51 per barrel.
Tags:
- oil prices
- Azerbaijan
- Brent Dated
- AZERI LT CIF Augusta
- economy
- AZERI Light FOB Ceyhan oil
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