BAKU, Azerbaijan, August 6. Azerbaijani oil prices dropped this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $101.56 per barrel, having decreased by $9.8 (8.8 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $105.97 per barrel, while the minimum price – was $96.61.
The average price of Azeri LT FOB Ceyhan totaled $99.61 per barrel this week, down by $9.53 (8.73 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $103.81 per barrel, while the minimum price was $94.83.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $63.73 per barrel this week, which was $5.13 (7.45 percent) less than in the previous week.
The maximum price for URALS oil amounted to $65.83 per barrel, while the minimum price – was $59.92.
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 $103.2 per barrel this week, thus reducing by $7.76 (7 percent).
The maximum price for Brent Dated amounted to $107.07 per barrel, while the minimum price – was $97.77.
|
Oil grade/date |
August 1, 2022 |
August 2, 2022 |
August 3, 2022 |
August 4, 2022 |
August 5, 2022 |
Average price |
|
Azeri LT CIF |
$105.97 |
$104.57 |
$102.19 |
$96.61 |
$98.45 |
$101.56 |
|
Azeri Light FOB Ceyhan |
$103.81 |
$102.40 |
$100.29 |
$94.83 |
$96.70 |
$99.61 |
|
Urals (EX NOVO) |
$65.78 |
$65.83 |
$63.71 |
$59.92 |
$63.39 |
$63.73 |
|
Brent Dated |
$107.07 |
$106.56 |
$103.15 |
$97.77 |
$101.41 |
$103.20 |
(1 USD = 1.7 AZN on August 6)