BAKU, Azerbaijan, June 25. Azerbaijani oil prices have dropped this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $120.07 per barrel, having decreased by $7.75 (6.06 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $121.73 per barrel, while the minimum price – was $117.78.
The average price of Azeri LT FOB Ceyhan totaled $118.55 per barrel this week, down by $7.91 (6.18 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $120.18 per barrel, while the minimum price was $116.25.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $77.3 per barrel this week, which was $8.19 (9.59 percent) less than in the previous week.
The maximum price for URALS oil amounted to $79.01 per barrel, while the minimum price – was $75.02.
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 $118.83 per barrel this week, thus reducing by $7.78 (6.14 percent).
The maximum price for Brent Dated amounted to $120.54 per barrel, while the minimum price – was $116.59.
|
Oil grade/date |
June 20, 2022 |
June 21, 2022 |
June 22, 2022 |
June 23, 2022 |
June 24, 2022 |
Average price |
|
Azeri LT CIF |
$120.86 |
$121.73 |
$117.78 |
$118.57 |
$121.43 |
$120.07 |
|
Azeri Light FOB Ceyhan |
$119.26 |
$120.18 |
$116.25 |
$117.12 |
$119.96 |
$118.55 |
|
Urals (EX NOVO) |
$78.23 |
$79.01 |
$75.02 |
$75.74 |
$78.53 |
$77.3 |
|
Brent Dated |
$119.74 |
$120.54 |
$116.59 |
$117.33 |
$119.95 |
$118.83 |