Azerbaijani Oil Prices Drop
Date
3/14/2023 3:03:52 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 14. The price of Azeri
LT CIF Augusta totaled $83.6 per barrel on March 13, decreasing by
$1.19 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 $81.86 per barrel,
down by $1.18 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 $46.64
per barrel on March 13, lowering by 70 cents as compared to the
previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in
the North Sea, declined by $1.22 compared to the previous price and
made up $81.18 per barrel.
(1 USD = 1.7 AZN on March 14, 2023)
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