BAKU, Azerbaijan, July 12. Azerbaijani oil prices fluctuated last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $120.42 per barrel, having decreased by $4.05 (3.25 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $128.8 per barrel, while the minimum price – was $114.61.
The average price of Azeri LT FOB Ceyhan totaled $118.55 per barrel last week, up by 50 cents (0.42 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $127.46 per barrel, while the minimum price was $113.24.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $74.22 per barrel last week, which was $6.34 (7.87 percent) less than in the previous week.
The maximum price for URALS oil amounted to $83.3 per barrel, while the minimum price – was $68.52.
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 $115.63 per barrel last week, thus reducing by $6.41 (5.25 percent).
The maximum price for Brent Dated amounted to $124.79 per barrel, while the minimum price – was $109.95.
|
Oil grade/date |
July 4, 2022 |
July 5, 2022 |
July 6, 2022 |
July 7, 2022 |
July 8, 2022 |
Average price |
|
Azeri LT CIF |
$128.80 |
$117.72 |
$114.61 |
$119.72 |
$121.25 |
$120.42 |
|
Azeri Light FOB Ceyhan |
$127.46 |
$116.35 |
$113.24 |
$118.34 |
$119.86 |
$119.05 |
|
Urals (EX NOVO) |
$83.30 |
$71.70 |
$68.52 |
$73.19 |
$74.39 |
$74.22 |
|
Brent Dated |
$124.79 |
$113.15 |
$109.95 |
$114.63 |
$115.62 |
$115.63 |
(1 USD = 1.7 AZN on July 12)