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Azerbaijani oil prices for Dec. 4-8

Oil&Gas Materials 9 December 2017 15:59 (UTC +04:00)

Baku, Azerbaijan, Dec. 9

By Azad Hasanli – Trend:

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $64.68 per barrel on Dec. 4-8 or $0.19 per barrel less than the previous week.

The highest price of AZERI LT was $65.79 per barrel, while the lowest price was $63.92 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.

Average price of URALS (EX-NOVO), exported from Azerbaijan via the Novorossiysk port, was $60.71 per barrel on Dec. 4-8 or $0.65 per barrel less than the previous week.

The highest price for URALS was $61.65 per barrel and the lowest price was $59.8 per barrel on Dec. 4-8.

Average price of Brent Dated was $63.08 per barrel on Dec. 4-8 or $0.5 per barrel less than the previous week.

The highest price for Brent was $63.96 per barrel and the lowest price was $62.13 during the reporting period.

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