Azerbaijani oil price jumps in world markets

The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on November 28 increased by $1.7 and amounted to $85.77 per barrel compared to the previous indicator.

The price of Azeri LT FOB Ceyhan also increased by $1.7 and amounted to $84.21 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 $66.53 per barrel, which is $1.53 more than the previous price.

In general, the cost of a barrel of Dated Brent oil produced in the North Sea increased by $1.85 on November 28 compared to the previous indicator, to $81.99 per barrel.

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