Azerbaijani oil price jumps on world markets
The price of Azeri LT CIF Augusta totaled $88.6 per barrel on April 18, increasing by $0.01 compared to the previous price, News.Az reports.
The price of Azeri LT FOB Ceyhan amounted to $86.96 per barrel, up by $0.11 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 $58.06 per barrel on April 18, growing by $0.07 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, increased by $0.07, making up $86.63 per barrel.