Azerbaijani oil prices increased by $1.7 to $88.39 per barrel (CIF Augusta) and $1.66 to $86.85 per barrel (FOB Ceyhan)
Azerbaijani oil prices have risen, with Azeri LT CIF Augusta increasing by $1.7 to $88.39 per barrel on March 14, and the price of Azeri LT FOB Ceyhan growing by $1.66 to $86.85 per barrel. In 2022, the average selling price of Azeri Light (CIF) brand oil was 103.58 US dollars, an increase of 44.6% compared to 2021. Azerbaijan's state budget estimated the average price of one barrel of oil at $60.
March 15, 2024
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