BAKU, Azerbaijan, May 28. Azerbaijani oil prices have risen this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $124.02 per barrel, having increased by $3.7 (3.1 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $125.91 per barrel, while the minimum price – was $122.7.
The average price of Azeri LT FOB Ceyhan totaled $122.96 per barrel this week, up by $3.73 (3.12 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $124.86 per barrel, while the minimum price was $121.65.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $79.45 per barrel this week, which was $3.13 (4.1 percent) more than in the previous week.
The maximum price for URALS oil amounted to $81.99 per barrel, while the minimum price – was $77.91.
Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.
The average price of Brent Dated made up $117.09 per barrel this week, thus increasing by $3.86 (3.4 percent).
The maximum price for Brent Dated amounted to $119.67 per barrel, while the minimum price – was $115.53.
|
Oil grade/date |
May 23, 2022 |
May 24, 2022 |
May 25, 2022 |
May 26, 2022 |
May 27, 2022 |
Average price |
|
Azeri LT CIF |
$122.70 |
$122.94 |
$122.81 |
$125.75 |
$125.91 |
$124.02 |
|
Azeri Light FOB Ceyhan |
$121.65 |
$121.88 |
$121.75 |
$124.69 |
$124.86 |
$122.96 |
|
Urals (EX NOVO) |
$77.91 |
$78.15 |
$78.15 |
$81.05 |
$81.99 |
$79.45 |
|
Brent Dated |
$115.53 |
$115.82 |
$115.74 |
$118.69 |
$119.67 |
$117.09 |
(1 USD = 1.7 AZN on May 28)