(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 17. The price of Azeri
LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli
(ACG) field, declined by 50 cents on August 16 compared to the
previous price, amounting to $94.11 per barrel, reports referring to the source from the
country's oil and gas market.
The price of Azeri LT FOB Ceyhan on August 16 amounted to $92.54
per barrel, also down by 50 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 $72.3 per
barrel on August 16, lowering by eight cents as compared to the
previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in
the North Sea decreased by $1.36 compared to the previous price and
made up $96.26 per barrel.
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