Azerbaijani oil prices continue decreasing
By Trend
The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by 56 cents on July 28 compared to the previous price, amounting to $109.96 per barrel, Trend reports referring to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan on July 28 amounted to $107.77 per barrel, down by 56 cents 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 $69.8 per barrel on July 28, increasing by $1.44 as compared to the previous price.
The cost of a barrel of Brent Dated oil, produced in the North Sea increased by $1.25 compared to the previous price and made up $111.89 per barrel.
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