Azerbaijani oil prices up

By Trend

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $2.16 on April 8 compared to the previous price, settling at $104.85 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $102.77 per barrel, increasing by $2.17 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 $62.3 per barrel on April 8, decreasing by $2.25 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea increased by $2.15 compared to the previous price and made up $100.43 per barrel.

(1 USD = 1.7 AZN on April 9)