Azerbaijani oil prices up
Trend:
The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $79.46 per barrel at the Italian port of Augusta on May 31, that is $0.87 more than on May 30, a source on Azerbaijan’s oil and gas market told Trend June 1.
The AZERI Light FOB Ceyhan oil price was $78.64 per barrel on May 31, or $0.95 more than the previous price.
Azerbaijan has been producing AZERI LT since 1997 and exports it via the Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines, as well as by rail to the Georgian port of Batumi.
The price for URALS-NOVO was $75.3 barrel on May 31, or $0.86 more than the previous price.
The price for a barrel of Brent Dated, produced from the North Sea, stood at $76.47 on May 31 or $0.52 more than the previous price.
--
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.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!