Azerbaijani oil prices surge

BAKU, Azerbaijan, September 10. The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $2.8 on September 9 compared to the previous price, amounting to $95.1 per barrel, Trend reports referring to the source from the country's oil and gas market. The price of Azeri LT FOB Ceyhan on September 9 amounted to $93.69 per barrel, up by $2.79 as compared to the previous price. 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 $67.01 per barrel on September 9, rising by $2.63 as compared to the previous price. Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea grew by $2.87 compared to the previous price and made up $90.65 per barrel. (1 USD = 1.7 AZN on September 10)