Azerbaijani oil price increases
The price of Azeri LT CIF Augusta totaled $87.08 per barrel on March 3, increasing by 37 cents compared to the previous price, News.Az reports.
The price of Azeri LT FOB Ceyhan amounted to $85.17 per barrel, up by 30 cents 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 $48.75 per barrel on March 3, growing by eight cents as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by nine cents compared to the previous price and made up $85.17 per barrel.
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