Azerbaijani oil prices decrease

By Trend

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $1.28 on November 3 compared to the previous price, amounting to $98.26 per barrel, Trend reports referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan on November 3 amounted to $96.21 per barrel, also down by $1.24 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 $68.17 per barrel on November 3, lowering by $1.73 as compared to the previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by $1.19 compared to the previous price and made up $95.81 per barrel.