BAKU, Azerbaijan, July 16. Azerbaijani oil prices reduced this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $115.68 per barrel, having decreased by $5.04 (3.93 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $120.1 per barrel, while the minimum price – was $111.98.
The average price of Azeri LT FOB Ceyhan totaled $114.21 per barrel this week, down by $4.34 (3.66 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $118.68 per barrel, while the minimum price was $110.53.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $67.98 per barrel this week, which was $6.24 (8.4 percent) less than in the previous week.
The maximum price for URALS oil amounted to $73.21 per barrel, while the minimum price – was $64.03.
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 $109.81 per barrel this week, thus reducing by $5.82 (5.03 percent).
The maximum price for Brent Dated amounted to $114.61 per barrel, while the minimum price – was $105.93.
Oil grade/date |
July 11, 2022 |
July 12, 2022 |
July 13, 2022 |
July 14, 2022 |
July 15, 2022 |
Average price |
Azeri LT CIF |
$120.10 |
$113.91 |
$114.18 |
$111.98 |
$118.22 |
$115.68 |
Azeri Light FOB Ceyhan |
$118.68 |
$112.48 |
$112.73 |
$110.53 |
$116.65 |
$114.21 |
Urals (EX NOVO) |
$73.21 |
$67.05 |
$66.65 |
$64.03 |
$68.98 |
$67.98 |
Brent Dated |
$114.61 |
$108.91 |
$108.53 |
$105.93 |
$111.07 |
$109.81 |