Azerbaijani oil prices decline
The price of Azeri LT CIF Augusta totaled $74.75 per barrel on March 20, decreasing by $0.65 compared to the previous price, Azernews reports.
The price of Azeri LT FOB Ceyhan amounted to $72.58 per barrel, down by $0.79 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 $38.27 per barrel on March 20, declining by $0.51 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, decreased by $0.57 compared to the previous price and made up $71.71 per barrel.
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