Oil & Gas

Oil prices continue to decline

Oil prices of reference marks continue to decline on July 24, the day before, the market concentrated on the risks of increasing the supply of oil, pushing the disputes between the leaders of the U.S. and Iran to second place.
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Azerbaijani oil prices up on July 23

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $75.22 per barrel at the Italian port of Augusta on July 23, that is $1.1 more than on July 20, a source in Azerbaijan’s oil and gas market told Trend July 24.
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World crude prices rise

Prices for “black gold” of reference marks in the course of trading are rising after the statements of the delegate of Saudi Arabia to OPEC that world oil reserves in the second half of the year will fall significantly.
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Azerbaijani oil prices up on July 19

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $74.64 per barrel at the Italian port of Augusta on July 19, that is $1.5 more than on July 18, a source in Azerbaijan’s oil and gas market told Trend July 20.
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Azerbaijani oil prices down on July 18

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $73.14 dollars per barrel at the Italian port of Augusta on July 18, that is $0.2 less than on July 17, a source in Azerbaijan’s oil and gas market told Trend July 19.
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