Oil & Gas

Azerbaijani oil rises in price

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $75.15 per barrel at the Italian port of Augusta on Aug. 6, or $ 0.63 more than on Aug. 3, a source in Azerbaijan's oil and gas market told Trend.
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Azerbaijani oil prices up on August 2

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $74.56 per barrel at the Italian port of Augusta on Aug. 2, or $0.81 more than on Aug. 1, a source in Azerbaijan's oil and gas market told Trend Aug. 3.
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Italy’s government committed to TAP implementation

The recent meeting between Italian Prime Minister Giuseppe Conte and Mayor of Italy’s Melendugno city Marco Poti testifies to the commitment of the Italian government to implement the Trans-Adriatic Pipeline (TAP) project, a high ranking source in Azerbaijan’s state oil company SOCAR told Trend Aug. 3.
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Crude prices drop

World oil prices decline on August 1, investors negatively apprehended data from the American Petroleum Institute (API) about the unexpected increase in oil reserves in the U.S. over the past week.
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Azerbaijani oil prices down on July 31

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $75.75 per barrel at the Italian port of Augusta on July 31, that is $0.65 less than on July 30, a source in Azerbaijan’s oil and gas market told Trend Aug. 1.
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