BAKU, Azerbaijan, October 29. Azerbaijani oil prices have increased this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $96.18 per barrel, up by $2.18 (2.3 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $97.67 per barrel, while the minimum price was $94.8.
The average price of Azeri LT FOB Ceyhan totaled $94.02 per barrel this week, growing by $2.19 (2.4 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $95.51 per barrel, while the minimum price was $92.66.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $67.52 per barrel this week, which was $3.86 (6.06 percent) more than in the previous week.
The maximum price for URALS oil amounted to $69.54 per barrel, while the minimum price – $65.33.
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 $93.17 per barrel this week, thus rising by $2.42 (2.6 percent).
The maximum price for Brent Dated amounted to $95.01 per barrel, while the minimum price – $91.41.
|
Oil grade/date |
October 24, 2022 |
October 25, 2022 |
October 26, 2022 |
October 27, 2022 |
October 28, 2022 |
Average price |
|
Azeri LT CIF |
$94.80 |
$95.06 |
$96.73 |
$97.67 |
$96.61 |
$96.18 |
|
Azeri Light FOB Ceyhan |
$92.66 |
$92.90 |
$94.57 |
$95.51 |
$94.45 |
$94.02 |
|
Urals (EX NOVO) |
$65.33 |
$65.69 |
$68.59 |
$69.54 |
$68.45 |
$67.52 |
|
Brent Dated |
$91.41 |
$91.56 |
$93.82 |
$95.01 |
$94.03 |
$93.17 |
(1 USD = 1.7 AZN on October 29)