Oil & Gas

Crude prices down

Oil resumed its decline due to disagreements among members of the Organization of Petroleum Exporting Countries (OPEC) on the issue of the gradual recovery of production volumes.
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Azerbaijani oil prices vary on June 13

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $76.97 per barrel at the Italian port of Augusta on June 13, that is $0.21 less than on June 12, a source on Azerbaijan’s oil and gas market told Trend June 14.
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