BAKU, Azerbaijan, June 11. Azerbaijani oil prices grew this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $129.03 per barrel, having increased by $2.66 (2.1 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $131.15 per barrel, while the minimum price – was $127.13.
The average price of Azeri LT FOB Ceyhan totaled $127.88 per barrel this week, up by $2.57 (2.05 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $129.90 per barrel, while the minimum price was $126.07.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $87.5 per barrel this week, which was $4.15 (4.97 percent) more than in the previous week.
The maximum price for URALS oil amounted to $89.63 per barrel, while the minimum price – was $85.55.
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 $127.05 per barrel this week, thus increasing by $5.44 (4.47 percent).
The maximum price for Brent Dated amounted to $128.93 per barrel, while the minimum price – was $124.68.
Oil grade/date |
June 6, 2022 |
June 7, 2022 |
June 8, 2022 |
June 9, 2022 |
June 10, 2022 |
Average price |
Azeri LT CIF |
$127.13 |
$127.94 |
$130.02 |
$131.15 |
$128.93 |
$129.03 |
Azeri Light FOB Ceyhan |
$126.07 |
$126.88 |
$128.95 |
$129.90 |
$127.61 |
$127.88 |
Urals (EX NOVO) |
$85.55 |
$86.39 |
$88.50 |
$89.63 |
$87.43 |
$87.50 |
Brent Dated |
$124.68 |
$125.80 |
$128.29 |
$128.93 |
$127.55 |
$127.05 |