17 Oct 2026
Prices of Azerbaijani oil continue to grow
The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.14 on Oct.22 compared to the previous price, reaching $42.63 per barrel, Trend reports with reference to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan amounted to $42.13 per barrel in Oct.22, which is up by $1.12 compared to the previous price.
Azerbaijan has been producing Azeri LT since 1997 and exporting it via the Baku-Tbilisi-Ceyhan (BTC) and Baku-Supsa Western Export Pipeline, as well as by rail to the Georgian port of Batumi.
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 reached $41.85 per barrel in Oct.22, having grown by 98 cents compared to the previous price.
The cost of a barrel of Brent Dated oil, produced in the North Sea, made up $41.52 per barrel, up by $1.05 compared to the previous price.
Latest news
Latest newsBulgaria Asks NATO to Strengthen Its Defences Amid Black Sea Threats: Sofia Fears Growing Risks to Maritime Shipping
16.Oct.2026
Black Sea Shipping Risks Threaten Bulgaria’s 5 Million Tonnes of Wheat Exports
15.Oct.2026
Georgia’s Foreign Funding and Political Ban Laws Draw Criticism from the Venice Commission
15.Oct.2026
Kazakhstan Promotes a Caspian Green Energy Corridor: Astana Seeks New Routes to the European Market
14.Oct.2026
Inflation in Romania Accelerates to 6.61%: Rising Prices Increase Pressure on Households and the Economy
13.Oct.2026
Can Europe Protect the International Criminal Court from Trump’s Sanctions?
13.Oct.2026
Georgia’s Constitutional Court Continues Case on Banning Opposition Parties: Political Pluralism at Stake
12.Oct.2026
Azerbaijan and Iran Step Up Security Contacts Amid Hijab Protests
12.Oct.2026
Personnel Shortages Complicate Ukrainian Forces’ Rotation: Ukraine Faces Long-Term Challenges on the Front Line
11.Oct.2026
Trump Eases Sanctions on Russian Fuel After Talks with Putin: Kyiv Fears Boost to Moscow’s War Revenues
10.Oct.2026
Putin Seeks to Strengthen Russia’s Influence in the Post-Soviet Space Through the CIS
10.Oct.2026
Russia and the South Caucasus: External Pressure, Political Competition and a Crisis of Trust
10.Oct.2026
Peaceful Settlement Between Armenia and Azerbaijan: Moving from Declarations to Implementation
10.Oct.2026
Moldova Ready to Accept as Many Ukrainians as Necessary if Situation Worsens This Winter
09.Oct.2026
Turkmenistan Turns Avaza into a Regional Diplomatic Hub as Caspian, Central Asian and CIS Agendas Converge
08.Oct.2026