Today.Az » Business » Azerbaijani oil prices decline
15 October 2022 [16:17] - Today.Az
By Trend The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $1.84 on October 14 compared to the previous price, amounting to $96.14 per barrel, Trend reports referring to the source from the country's oil and gas market. The price of Azeri LT FOB Ceyhan on October 14 amounted to $94.23 per barrel, down by $1.91 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 $65.96 per barrel on October 14, lowering by $1.74 as compared to the previous price. Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea declined by $1.1 compared to the previous price and made up $92.88 per barrel. (1 USD = 1.7 AZN on October 15)
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