Azerbaijani oil prices decline

By Trend

The price of Azeri LT CIF Augusta, produced at the
Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $3.95 on
June 22 compared to the previous price, settling at $117.78 per
barrel, Trend reports referring to the source from the
country’s oil and gas market.

The price of Azeri LT FOB Ceyhan on June 22 amounted to $116.25
per barrel, down by $3.93 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 $75.02
per barrel on June 22, reducing by $3.99 as compared to the
previous price.

Meanwhile, the cost of a barrel of Brent Dated oil, produced in
the North Sea lowered by $3.95 compared to the previous price and
made up $116.59 per barrel.

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