Azerbaijani oil price continues to grow

The price of Azeri LT CIF Augusta increased by $0.63 on September 8 and amounted to $97.06 per barrel, News.Az reports. 

The price of Azeri LT FOB Ceyhan grew by $0.65 to $96.16 per barrel.

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 $78.24 per barrel, up by $0.51 as compared to the previous price.

Meanwhile, the cost of a barrel of Dated Brent oil, produced in the North Sea, rose by $0.5 compared to the previous price and reached $92.4 per barrel on September 8.

The official rate is 1.7 AZN/1 USD on September 9.


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