BAKU, Azerbaijan, August 20. Azerbaijani oil prices fluctuated this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $96.04 per barrel, having decreased by $2.39 (2.43 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $99.01 per barrel, while the minimum price was $94.11.
The average price of Azeri LT FOB Ceyhan totaled $94.46 per barrel this week, down by $2.39 (2.47 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $97.41 per barrel, while the minimum price - $92.54.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $73.44 per barrel this week, which was $4.09 (5.9 percent) more than in the previous week.
The maximum price for URALS oil amounted to $745.77 per barrel, while the minimum price - $71.76.
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 $96.12 per barrel this week, thus decreasing by $7.15 (6.92 percent).
The maximum price for Brent Dated amounted to $97.16 per barrel, while the minimum price –was $93.27.
Oil grade/date |
August 15, 2022 |
August 16, 2022 |
August 17, 2022 |
August 18, 2022 |
August 19, 2022 |
Average price |
Azeri LT CIF |
$94.61 |
$94.11 |
$94.61 |
$97.87 |
$99.01 |
$96.04 |
Azeri Light FOB Ceyhan |
$93.04 |
$92.54 |
$93.04 |
$96.27 |
$97.41 |
$94.46 |
Urals (EX NOVO) |
$72.38 |
$72.3 |
$71.76 |
$74.98 |
$75.77 |
$73.44 |
Brent Dated |
$97.62 |
$96.26 |
$93.27 |
$96.3 |
$97.16 |
$96.12 |