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Azerbaijan's oil prices increase

7 January 2023 14:12 (UTC+04:00)
Azerbaijan's oil prices increase

On January 6, the price of Azeri LT CIF Augusta increased by $0.65 in comparison to the previous day's price, coming to $84.6 per barrel, Azernews reports referring to the source from the country's oil and gas market.

Azeri LT FOB Ceyhan cost $82.88 per barrel, an increase of $0.58 from the previous price.

Additionally, Azerbaijan sells its URALS oil through the Baku-Novorossiysk pipeline from the Russian Black Sea port of Novorossiysk.

URALS cost $41.66 per barrel after shipment from the port, an increase of $0.66 from the previous price.

On January 6, the cost of a barrel of Brent Dated oil, which is made in the North Sea, increased by $0.59 in comparison to the previous price.

(1 USD = AZN1.7 on January 7)

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