Azerbaijani Oil Prices Increase
Date
10/4/2023 2:16:42 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 4. The price for
Azerbaijani Azeri Light oil on a CIF basis in the Italian port of
Augusta on October 3 increased by $0.04 and amounted to $97.81 per
barrel, Trend reports, referring to the source from the
country's oil and gas market.
The price of Azeri Light on FOB basis in the Turkish port of
Ceyhan increased by $0.03 to $96.81 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
$80.23 per barrel, down by $0.04 as compared to the previous
price.
The cost of a barrel of Dated Brent oil, produced in the North
Sea, grew by $0.12 compared to the previous price and made up
$94.68 per barrel on October 3.
The official rate is 1.7 AZN/1 USD on October 4.
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