Azerbaijani oil prices increase

By Trend

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 27 cents on July 13 compared to the previous price, settling at $114.18 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on July 13 amounted to $112.73 per barrel, up by 25 cents 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 $67.65 per barrel on July 13, reducing by 40 cents as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by 38 cents compared to the previous price and made up $108.53 per barrel.