Azerbaijani oil price increases
The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on November 9 increased by $0.38 and amounted to $85.40 per barrel compared to the previous indicator, News.Az reports.
The price of Azeri LT FOB Ceyhan grew by $0.46 and amounted to $83.19 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 $69.02 per barrel, which is $0.16 more than the previous price.
In general, the cost of a barrel of Dated Brent oil produced in the North Sea increased by $0.39 on November 9 compared to the previous indicator, to $82.7 per barrel.
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