Azerbaijani oil prices up

By Trend

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, grew by $2.45 on April 29 compared to the previous price, settling at $112.62 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $111.39 per barrel, increasing by $2.44 as 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 $71.66 per barrel on April 29, rising by $2.18 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea increased by $2.43 compared to the previous price and made up $108.16 per barrel.