
The price of Azeri LT FOB Ceyhan amounted to $82.26 per barrel, down by $2.26 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 on February 2 equaled $43.94 per barrel, lower by $2.27 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, dropped by $2.24 compared to the previous price and made up $80.74 per barrel.