Azerbaijani oil prices up
The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $0.17 on August 9 compared to the previous price, amounting to $98.91 per barrel, News.az reports.
The price of Azeri LT FOB Ceyhan on August 9 amounted to $97.29 per barrel, up by $0.22 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 $67.3 per barrel on August 9, increasing by $2.26 as compared to the previous price.