Azernews.Az

Friday, June 12, 2026

Oil prices increase in Azerbaijan

5 August 2023 13:10 (UTC+04:00)
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.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more