BAKU, Azerbaijan, October 1. 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 $91.14 per barrel, having reduced by $1.32 (1.43 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $92.85 per barrel, while the minimum price was $89.07.
The average price of Azeri LT FOB Ceyhan has totaled $89.43 per barrel this week, down by $1.38 (1.52 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $91.14 per barrel, while the minimum price was $87.41.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $61.99 per barrel this week, which was $1.31 (2.07 percent) less than in the previous week.
The maximum price for URALS oil amounted to $63.9 per barrel, while the minimum price – $59.91.
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 $87.40 per barrel this week, thus declining by 57 cents (0.64 percent).
The maximum price for Brent Dated amounted to $89.81 per barrel, while the minimum price –$84.63.
|
Oil grade/date |
Sept. 26, 2022 |
Sept. 27, 2022 |
Sept. 28, 2022 |
Sept. 29, 2022 |
Sept. 30, 2022 |
Average price |
|
Azeri LT CIF |
$89.07 |
$90.17 |
$91.93 |
$92.85 |
$91.68 |
$91.14 |
|
Azeri Light FOB Ceyhan |
$87.41 |
$88.5 |
$90.24 |
$91.14 |
$89.88 |
$89.43 |
|
Urals (EX NOVO) |
$59.91 |
$61.07 |
$62.95 |
$63.9 |
$62.12 |
$61.99 |
|
Brent Dated |
$84.63 |
$86.39 |
$88.27 |
$89.81 |
$87.92 |
$87.40 |
(1 USD = 1.7 AZN on October 1)