BAKU, Azerbaijan, October 8. Azerbaijani oil prices increased this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $98.04 per barrel, up by $6.9 (7.6 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $102.44 per barrel, while the minimum price was $93.34.
The average price of Azeri LT FOB Ceyhan totaled $96.3 per barrel this week, which is a growth of $6.87 (7.68 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $100.74 per barrel, while the minimum price was $91.54.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $68.42 per barrel this week, which was $6.43 (10.37 percent) more than in the previous week.
The maximum price for URALS oil amounted to $72.8 per barrel, while the minimum price - $63.78.
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 $94.78 per barrel this week, thus rising by $7.38 (8.44 percent).
The maximum price for Brent Dated amounted to $98.78 per barrel, while the minimum price –$90.09.
Oil grade/date |
October 3, 2022 |
October 4, 2022 |
October 5, 2022 |
October 6, 2022 |
October 7, 2022 |
Average price |
Azeri LT CIF |
$93.34 |
$96.72 |
$98.37 |
$99.35 |
$102.44 |
$98.04 |
Azeri Light FOB Ceyhan |
$91.54 |
$94.9 |
$96.65 |
$97.64 |
$100.74 |
$96.3 |
Urals (EX NOVO) |
$63.78 |
$67.03 |
$68.73 |
$69.74 |
$72.8 |
$68.42 |
Brent Dated |
$90.09 |
$93.73 |
$95.24 |
$96.06 |
$98.78 |
$94.78 |