BAKU, Azerbaijan, August 15. Azerbaijani oil prices changed in different directions this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $98.43 per barrel, having decreased by $3.13 (3.08 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $99.76 per barrel, while the minimum price – was $96.55
The average price of Azeri LT FOB Ceyhan totaled $96.85 per barrel this week, down by $2.76 (2.77 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $98.24 per barrel, while the minimum price was $95.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $69.35 per barrel this week, which was $5.62 (8.82 percent) more than in the previous week.
The maximum price for URALS oil amounted to $74.45 per barrel, while the minimum price – was $65.04.
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 $103.27 per barrel this week, thus increasing by $0.08 (0.07 percent).
The maximum price for Brent Dated amounted to $104.63 per barrel, while the minimum price – was $101.45.
Oil grade/date |
August 8, 2022 |
August 9, 2022 |
August 10, 2022 |
August 11, 2022 |
August 12, 2022 |
Average price |
Azeri LT CIF |
$98.74 |
$98.91 |
$96.55 |
$99.76 |
$98.19 |
$98.43 |
Azeri Light FOB Ceyhan |
$97.07 |
$97.29 |
$95 |
$98.24 |
$96.64 |
$96.85 |
Urals (EX NOVO) |
$65.04 |
$67.3 |
$66.88 |
$73.06 |
$74.45 |
$69.35 |
Brent Dated |
$103.47 |
$103.91 |
$101.45 |
$104.63 |
$102.88 |
$103.27 |