Azerbaijani oil prices decline

Azerbaijani oil prices decline

BAKU, Azerbaijan, November 23. The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on November 22 decreased by $2.56 and amounted to $83.17 per barrel compared to the previous indicator, TurkicWorld reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan fell by $2.46 and amounted to $81.56 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 $64.34 per barrel, which is $3.09 less than the previous price.

In general, the cost of a barrel of Dated Brent oil produced in the North Sea decreased by $2.72 on November 22 compared to the previous indicator, to $79.48 per barrel.

The official rate is 1.7 AZN/1 USD on November 23.

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