Azerbaijani oil price increases
The price of Azeri LT CIF Augusta totaled $81.76 per barrel on July 7, increasing $2.48 compared to the previous price, News.Az reports.
The price of Azeri LT FOB Ceyhan amounted to $80.51 per barrel, up by $2.51 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 $58.96 per barrel, growing by $2.89 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, rose by $2.35 compared to the previous price and made up $77.94 per barrel on July 7.
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