BAKU, Azerbaijan, June 20. Azerbaijani oil prices decreased last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $127.82 per barrel, having decreased by $1.21 (0.94 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $129.41 per barrel, while the minimum price – was $121.97.
The average price of Azeri LT FOB Ceyhan totaled $126.36 per barrel this week, down by $1.51 (1.18 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $132.04 per barrel, while the minimum price was $120.37.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $85.5 per barrel this week, which was $1.99 (2.28 percent) less than in the previous week.
The maximum price for URALS oil amounted to $90.99 per barrel, while the minimum price – was $79.41.
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 amounted to $127.05 per barrel this week, thus decreasing by $0.44 (0.35 percent).
The maximum price for Brent Dated amounted to $132.06 per barrel, while the minimum price – was $120.58.
Oil grade/date |
13.06.22 |
14.06.22 |
15.06.22 |
16.06.22 |
17.06.22 |
Average price |
Azeri LT CIF |
$128.77 |
$133.34 |
$129.41 |
$125.63 |
$121.97 |
$127.82 |
Azeri Light FOB Ceyhan |
$127.44 |
$132.04 |
$127.96 |
$124.03 |
$120.37 |
$126.36 |
Urals (EX NOVO) |
$87.19 |
$90.99 |
$86.9 |
$83.02 |
$79.41 |
$85.5 |
Brent Dated |
$127.97 |
$132.06 |
$128.16 |
$124.28 |
$120.58 |
$126.61 |