Azerbaijani oil prices grow
The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $2.85 on May 4 compared to the previous price, settling at $113.55 per barrel, Trend reports referring to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan on May 4 amounted to $112.32 per barrel, up by $2.83 as compared to the previous price.
Azerbaijan also sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk pipeline.
The price of URALS with shipment from the port equaled $72.39 per barrel on May 4, which grew by $2.97 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea lowered by $2.89 compared to the previous price and made up $109.02 per barrel.
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