BAKU, Azerbaijan, July 2. Azerbaijani oil prices have grown this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $124.47 per barrel, having increased by $4.4 (3.66 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $126.81 per barrel, while the minimum price – was $122.18.
The average price of Azeri LT FOB Ceyhan totaled $123.06 per barrel this week, up by $4.51 (3.8 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $125.42 per barrel, while the minimum price was $120.74.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $80.56 per barrel this week, which was $3.26 (4.21 percent) more than in the previous week.
The maximum price for URALS oil amounted to $83.05 per barrel, while the minimum price – was $78.96.
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 $122.04 per barrel this week, thus reducing by $3.21 (2.7 percent).
The maximum price for Brent Dated amounted to $124.59 per barrel, while the minimum price – was $120.49.
Oil grade/date |
June 27, 2022 |
June 28, 2022 |
June 29, 2022 |
June 30, 2022 |
July 1, 2022 |
Average price |
Azeri LT CIF |
$122.18 |
$124.68 |
$126.81 |
$123.40 |
$125.30 |
$124.47 |
Azeri Light FOB Ceyhan |
$120.74 |
$123.24 |
$125.42 |
$122.01 |
$123.91 |
$123.06 |
Urals (EX NOVO) |
$79.09 |
$81.41 |
$83.05 |
$78.96 |
$80.32 |
$80.56 |
Brent Dated |
$120.65 |
$122.94 |
$124.59 |
$120.49 |
$121.54 |
$122.04 |