BAKU, Azerbaijan, May 13. The price
of Azeri LT CIF Augusta totaled $78.04 per barrel on May 12,
decreasing by $0.79 compared to the previous price, Trend reports referring to the source from the
country’s oil and gas market.
The price of Azeri LT FOB Ceyhan decreased by $0.78
and amounted to $76.37 per barrel.
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
$49.81 per barrel, decreasing by $0.83 as compared to the previous
price.
Meanwhile, the cost of a barrel of Brent Dated oil,
produced in the North Sea, decreased by $0.88 on May 12 compared to
the previous price and made up $75.31 per barrel.
(1 USD = 1.7 AZN on May 13, 2023)
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