BAKU, Azerbaijan, September 24. Azerbaijani oil prices have dropped this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $92.46 per barrel, having reduced by $3.64 (3.78 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $93.73 per barrel, while the minimum price was $89.81.
The average price of Azeri LT FOB Ceyhan has totaled $90.81 per barrel this week, down by $3.87 (4.08 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $92.09 per barrel, while the minimum price was $88.15.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $63.3 per barrel this week, which was $4.06 (6.02 percent) less than in the previous week.
The maximum price for URALS oil amounted to $64.59 per barrel, while the minimum price - $60.67.
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 $87.97 per barrel this week, thus declining by $3.64 (3.97 percent).
The maximum price for Brent Dated amounted to $89.3 per barrel, while the minimum price –$85.29.
|
Oil grade/date |
September 19, 2022 |
September 20, 2022 |
September 21, 2022 |
September 22, 2022 |
September 23, 2022 |
Average price |
|
Azeri LT CIF |
- |
$93.73 |
$92.6 |
$93.7 |
$89.81 |
$92.46 |
|
Azeri Light FOB Ceyhan |
- |
$92.09 |
$90.96 |
$92.04 |
$88.15 |
$90.81 |
|
Urals (EX NOVO) |
- |
$64.59 |
$63.43 |
$64.56 |
$60.67 |
$63.3 |
|
Brent Dated |
- |
$89.3 |
$88.12 |
$89.18 |
$85.29 |
$87.97 |
(1 USD = 1.7 AZN on September 24)