(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 20. The price of Azeri LT
CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG)
field, increased by 57 cents on May 19 compared to the previous
price, settling at $118.99 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 19 amounted to $117.93
per barrel, up by 59 cents 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 $74.31
per barrel on May 19, declining by two cents as compared to the
previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in
the North Sea grew by two cents compared to the previous price and
made up $111.33 per barrel.
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