Azerbaijani oil price exceeded $ 69 per barrel

The price of Azerbaijani light oil, produced at the Azeri-Chirag-Guneshli (ACG) block of fields, based on CIF in the Italian port of Augusta on March 5 was $ 69.26 per barrel, which is $ 1.56 more than the previous indicator. p>

On the FOB basis in the Turkish port of Ceyhan, the Azeri Light price was $ 68.49 per barrel, or $ 1.52 more than the previous indicator. Azerbaijan has been producing Azeri Light since 1997 and exporting it via the Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines, as well as by rail to the Georgian port of Batumi.

Azerbaijan also sells URALS oil from the Russian Black Sea port of Novorossiysk, delivering raw materials via the Baku-Novorossiysk pipeline. The price of URALS (ex-export) was $ 65.53 per barrel, $ 1.68 more than the previous price.

The price of a barrel of Brent Dated, produced in the North Sea, was $ 69.01 on March 5, up $ 1.53 from the previous price.

The official exchange rate for March 6 is 1.7 AZN / USD.