Azerbaijani Oil Prices Decrease| MENAFN.COM

Monday, 20 March 2023 06:32 GMT

Azerbaijani Oil Prices Decrease

(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 8. The price of Azeri LT CIF Augusta totaled $86.47 per barrel on March 7, decreasing by $1.57 compared to the previous price, trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $84.56 per barrel, down by $1.56 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 on March 7 equaled $47.74 per barrel, lower by $1.76 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, declined by $1.85 compared to the previous price and made up $84.01 per barrel.

(1 USD = 1.7 AZN on March 8, 2023)


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.