BAKU, Azerbaijan, December 3. Azerbaijani oil prices have fluctuated this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $87.17 per barrel, down by $2 (0.23 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $90.38 per barrel, while the minimum price was $84.03.
The average price of Azeri LT FOB Ceyhan totaled $84.17 per barrel this week, increasing by five cents (0.06 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $87.5 per barrel, while the minimum price was $80.75.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $53.23 per barrel this week, which was three cents (0.06 percent) more than in the previous week.
The maximum price for URALS oil amounted to $56.53 per barrel, while the minimum price – $49.94.
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 $85.83 per barrel this week, thus rising by five cents (0.06 percent).
The maximum price for Brent Dated amounted to $89.08 per barrel, while the minimum price – $82.65.
Oil grade/date |
November 28, 2022 |
November 29, 2022 |
November 30, 2022 |
December 1, 2022 |
December 2, 2022 |
Average price |
Azeri LT CIF |
$84.03 |
$85.21 |
$87.82 |
$90.38 |
$88.43 |
$87.17 |
Azeri Light FOB Ceyhan |
$80.75 |
$82.09 |
$85 |
$87.50 |
$85.50 |
$84.17 |
Urals (EX NOVO) |
$49.94 |
$51.15 |
$54.20 |
$56.53 |
$54.32 |
$53.23 |
Brent Dated |
$82.65 |
$83.94 |
$86.54 |
$89.08 |
$86.95 |
$85.83 |
(1 USD = 1.7 AZN on December 3)