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Azerbaijani oil prices for May 2-6

Economy Materials 7 May 2016 16:46
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $46.28 per barrel on May 2-6 or $0.57 per barrel less than the previous week
Azerbaijani oil prices for May 2-6

Baku, Azerbaijan, May 7

By Anvar Mammadov - Trend:

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $46.28 per barrel on May 2-6 or $0.57 per barrel less than the previous week.

The maximum price for AZERI LT was $46.93 per barrel and the minimum price was $45.71 per barrel during the reporting period.

Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports - 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 $41.87 per barrel on May 2-6 or $0.93 per barrel less than the previous week.

The maximum price for Urals totaled $42.4 per barrel and the minimum - $41.14 per barrel on May 2-6.

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

The average price for Brent Dated was $43.81 per barrel on May 2-6 or $0.93 per barrel less than the previous week.

The maximum price for Brent was $44.62 per barrel and the minimum - $43.06 during the reporting period.

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