The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on December 12 decreased by $2.4 and amounted to $77.82 per barrel compared to the previous indicator, Trend reports, referring to the source from the country’s oil and gas market.
The price of Azeri LT FOB Ceyhan also decreased by $2.4 (to $76.41 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 $56.85 per barrel, which is $2,56 less than the previous price.
In general, the cost of a barrel of Dated Brent oil produced in the North Sea decreased by $2.39 on December 12 compared to the previous indicator, to $73.56 per barrel.
Source: Trend News Agency