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.