Azerbaijani oil prices decline

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Azer News

By Trend The price of Azeri LT CIF Augusta, produced at theAzeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $3.78 onJune 16 compared to the previous price, settling at $125.63 perbarrel, Trend reports referring to the source from thecountry’s oil and gas market. The price of Azeri LT FOB Ceyhan on June 16 amounted to $124.03per barrel, down by $3.93 cents as compared to the previousprice. Azerbaijan also sells its URALS oil from the Russian Black Seaport of Novorossiysk, delivering it through the Baku-Novorossiyskpipeline. The price of URALS with shipment from the port equaled $83.02p…

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