Baku, Azerbaijan, May 26
By Maksim Tsurkov – Trend:
Average price of AZERI LT CIF, extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields, was $79.76 per barrel on May 21-25 or $0.28 per barrel more than the previous week.
The highest price of AZERI LT was $81.32 per barrel, while the lowest price was $77.55 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 $76.11 per barrel or $0.48 per barrel more than the previous week.
The highest price for URALS was $77.64 per barrel and the lowest price was $74 per barrel on May 21-25. Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia's Novorossiysk port.
Average price of Brent Dated was $78.62 per barrel on May 21-25 or $0.14 per barrel less than the previous week.
The highest price for Brent was $80.23 per barrel and the lowest price was $76.43 during the reporting period.
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