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HomeEuropean NewsAzerbaijani oil costs drop - Development.Az

Azerbaijani oil costs drop – Development.Az



BAKU, Azerbaijan, August 4. The value of Azeri
LT CIF Augusta, produced on the Azeri-Chirag-Deepwater Gunashli
(ACG) subject, decreased by $2.38 on August 3 in comparison with the
earlier worth, amounting to $102.19 per barrel, Development experiences referring
to the supply from the nation’s oil and gasoline market.

The value of Azeri LT FOB Ceyhan on August 3 amounted to $100.29
per barrel, down by $2.11 as in comparison with the earlier worth.

Azerbaijan additionally sells its URALS oil from the Russian Black Sea
port of Novorossiysk, delivering it by the Baku-Novorossiysk
pipeline.

The value of URALS with cargo from the port equaled $63.71
per barrel on August 3, lowering by $2.12 as in comparison with the
earlier worth.

The price of a barrel of Brent Dated oil, produced within the North
Sea decreased by $3.41 in comparison with the earlier worth and made up
$103.15 per barrel.

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