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Azerbaijani oil prices on July 4-8

Economy Materials 9 July 2016 15:54 (UTC +04:00)
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $48.47 per barrel on July 4-8, or $1.14 per barrel less than the previous week
Azerbaijani oil prices on July 4-8

Baku, Azerbaijan, July 9

By Maksim Tsurkov – Trend:

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $48.47 per barrel on July 4-8, or $1.14 per barrel less than the previous week.

The maximum price for AZERI LT was $50.42 per barrel and the minimum price was $47.15 per barrel during that period.

Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports of Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and railway.

The average price for URALS (EX-NOVO), exported from Azerbaijan via the Novorossiysk port, was $44.5 per barrel on July 4-8, or $1.19 per barrel less than the previous week.

The maximum price for URALS was $46.52 per barrel and the minimum was $43.18 per barrel on July 4-8.

Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through this Russian port.

The average price for Brent Dated was $45.95 per barrel on July 4-8, or $1.62 per barrel less than the previous week.

The maximum price for Brent was $48.01 per barrel and the minimum was $44.62 per barrel during that period.

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Follow the author on Twitter: @MaksimTsurkov

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