Azerbaijani oil price drops in world markets 

On November 27, the price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta fell by $1.59 to $84.07 per barrel, compared to the previous week.

The price of Azeri LT FOB Ceyhan decreased by $1.54 and amounted to $82.51 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 $65 per barrel, which is $1.63 less than the previous price.

In general, the cost of a barrel of Dated Brent oil produced in the North Sea decreased by $1.77 on November 27 compared to the previous indicator, to $80.14 per barrel.

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