The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $62.58 per barrel at the Italian port of Augusta on Jan. 11, or $0.77 less than on Jan. 10, a source in Azerbaijan's oil and gas market told Trend Jan. 12.
The AZERI Light FOB Ceyhan oil price was $61.33 per barrel on Jan. 11, or $0.74 less than on Jan. 10.
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 $57.8 per barrel on Jan. 11, or $0.91 less than the previous price.
The price for a barrel of Brent Dated, produced from the North Sea, stood at $59.47 on Jan. 11, or $0.99 less than the previous price.
Follow us on Twitter @AzerNewsAz