BAKU, Azerbaijan, November 26. Azerbaijani oil prices have decreased this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $87.37 per barrel, down by $6.75 (7.17 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $91.09 per barrel, while the minimum price was $85.19.
The average price of Azeri LT FOB Ceyhan totaled $84.12 per barrel this week, decreasing by $7.48 (8.16 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $87.87 per barrel, while the minimum price was $83.54.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $53.2 per barrel this week, which was $8.42 (13.66 percent) less than in the previous week.
The maximum price for URALS oil amounted to $56.78 per barrel, while the minimum price – $50.89.
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 $85.78 per barrel this week, thus reducing by $6.52 (7.06 percent).
The maximum price for Brent Dated amounted to $89.4 per barrel, while the minimum price – $83.2.
|
Oil grade/date |
November 21, 2022 |
November 22, 2022 |
November 23, 2022 |
November 24, 2022 |
November 25, 2022 |
Average price |
|
Azeri LT CIF |
$85.19 |
$91.09 |
$86.78 |
$86.90 |
$86.88 |
$87.37 |
|
Azeri Light FOB Ceyhan |
$82.04 |
$87.87 |
$83.54 |
$83.58 |
$83.59 |
$84.12 |
|
Urals (EX NOVO) |
$50.89 |
$56.78 |
$52.59 |
$52.86 |
$52.84 |
$53.20 |
|
Brent Dated |
$83.20 |
$89.40 |
$85.32 |
$85.49 |
$85.48 |
$85.78 |
(1 USD = 1.7 AZN on November 26)