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Azerbaijani Oil Prices Reach New Highs
(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 28. The price for
Azerbaijani Azeri Light oil on a CIF basis in the Italian port of
Augusta on September 27 increased by $3.35 and amounted to $102.7
per barrel, Trend reports, referring to the source from the
country's oil and gas market.
The price of Azeri Light on FOB bases in the Turkish port of Ceyhan grew by $3.34 to $101.65 per barrel.
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 $84.47 per barrel, up by $3.42 as compared to the previous price.
The cost of a barrel of Dated Brent oil, produced in the North Sea, rose by $3.78 compared to the previous price and made up $97.92 per barrel on September 27.
The official rate is 1.7 AZN/1 USD on September 28.
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