Azerbaijani oil prices decrease

By Trend

The price of Azeri LT CIF Augusta decreased by $1.34 on December 5 compared to the previous price, amounting to $87.09 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 $84.21 per barrel, down by $1.29 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 $53 per barrel, decreasing by $1.32 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $1.36, compared to the previous price, and made up $85.59 per barrel on December 5.

The official currency for December 6 is 1.7 AZN/1 USD.