Price for Azerbaijan’s BTC FOB Ceyhan oil increases by $4.79 in March

The price per barrel of BTC FOB Ceyhan on the world market increased by $4.79 in March, compared with February, and reached $126.62, 1news.az reports.

1 barrel of Brent oil reached $125.33 in March, compared with $119.56 in February. Urals oil reached $122.41 per barrel in March.

Azerbaijani oil exported through the Baku-Tbilisi-Ceyhan Pipeline is realized under the BTC FOB Ceyhan brand. Oil exported through the Baku-Novorossiysk Pipeline is realized under the Urals brand, mixed with other oil sorts.