Azerbaijani Oil Prices Coming Down
Date
12/1/2023 7:15:42 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 1. The price of
Azerbaijani Azeri Light crude oil based on CIF in the Italian port
of Augusta on November 29 decreased by $1.53 and amounted to $84.57
per barrel compared to the previous indicator, Trend reports, referring to the source from the
country's oil and gas market.
The price of Azeri LT FOB Ceyhan fell by $1.52 and amounted to
$83.01 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
$65.09 per barrel, which is $1.44 less than the previous price.
In general, the cost of a barrel of Dated Brent oil produced in
the North Sea decreased by $1.68 on November 30 compared to the
previous indicator, to $80.60 per barrel.
The official rate is 1.7 AZN/1 USD on December 1.
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