Azerbaijan oil price increases
The price for Azerbaijani Azeri Light oil on a CIF basis in the Italian port of Augusta on October 3 increased by $0.04 and amounted to $97.81 per barrel, News.Az reports.
The price of Azeri Light on FOB basis in the Turkish port of Ceyhan increased by $0.03 to $96.81 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 $80.23 per barrel, down by $0.04 as compared to the previous price.
The cost of a barrel of Dated Brent oil, produced in the North Sea, grew by $0.12 compared to the previous price and made up $94.68 per barrel on October 3.
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