BAKU, Azerbaijan, March 17. The price
of Azeri LT CIF Augusta totaled $76.25 per barrel on March 16,
increasing by $1.83 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 amounted to $74.25
per barrel, up by $1.66 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
$39.64 per barrel on March 16, growing by $1.8 as compared to the
previous price.
Meanwhile, the cost of a barrel of Brent Dated oil,
produced in the North Sea, rose by $1.3 compared to the previous
price and made up $73.14 per barrel.
(1 USD = 1.7 AZN on March 17, 2023)