Azerbaijani oil prices down

Azerbaijani oil prices down

BAKU, Azerbaijan, December 16. On December 15, the price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta fell by $0.12 to $81.38 per barrel, compared to the previous week,TurkicWorld reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan also decreased by $0.3 (to $79.92 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 $59.61 per barrel, which is $0,45 less than the previous price.

In general, the cost of a barrel of Dated Brent oil produced in the North Sea decreased by $0.19 on December 15 compared to the previous indicator, to $77.09 per barrel.

The official rate is 1.7 AZN/1 USD on December 16.