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By Trend
The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.06 on August 25 compared to the previous price, amounting to $102.58 per barrel, Trend reports referring to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan on August 25 amounted to $100.58 per barrel, up by $0.68 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 $78.82 per barrel on August 25, increasing by $0.96 as compared to the previous price.
The cost of a barrel of Brent Dated oil, produced in the North Sea increased by $1.15 compared to the previous price and made up $100.04 per barrel.