Oil prices increase in Azerbaijan
The price of Azeri LT CIF Augusta brand totaled $90.11 per barrel on August 4, increasing by $1.21 compared to the previous price, Trend reports, referring to the source from the country's oil and gas market, Azernews reports.
Azeri LT FOB Ceyhan brand currently costs $89.18 per barrel, which is $1.22 more than the previous price.
In addition, Azerbaijan sells its URALS oil through the Baku-Novorossiysk pipeline from the Russian Black Sea port of Novorossiysk. URALS cost $73.29 a barrel when shipped from the port, a growth of $2.05 from the previous price.
Meanwhile, the price of a barrel of Brent Dated oil produced in the North Sea rose by $1.06 from the previous day on August 4 to $86.86 per barrel.
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