BAKU, Azerbaijan, June 8
By Nargiz Ismayilova – Trend:
The price of Azeri Light, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $40.53 per barrel last week (on June 1-5), which is $4.5 or 12.5 percent more compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light period amounted to $43.38 per barrel, while the minimum - $38.14.
The average price of Brent Dated reference grade oil amounted to $37.86 per barrel last week, which is $4.46 or 13.4 percent more compared to the previous indicator.
The maximum price for Brent Dated oil amounted to $41 per barrel, while the minimum - $35.46.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $39.68 per barrel, which is $5.15 or 14.9 percent more compared to the previous week.
The maximum price for URALS oil amounted to $42.79 per barrel, while the minimum - $36.42.
Azerbaijan also sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.
|
Oil grade/date |
June 1, 2020 |
June 2, 2020 |
June 3, 2020 |
June 4, 2020 |
June 5, 2020 |
Average price |
||
|
38.14 |
40.28 |
40.45 |
40.41 |
43.38 |
40.53 |
||
|
37.40 |
39.57 |
39.81 |
39.80 |
42.81 |
39.88 |
||
|
36.42 |
39.76 |
39.71 |
39.73 |
42.79 |
39.68 |
||
|
Brent Dated |
35.46 |
37.52 |
37.61 |
37.71 |
41 |
37.86 |
(1 USD = 1.7 AZN on June 8)
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