BAKU, Azerbaijan, December 17. 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 $83.47 per barrel, up by $2.06 (2.53 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $85.94 per barrel, while the minimum price was $80.8.
The average price of Azeri LT FOB Ceyhan totaled $80.62 per barrel this week, growing by $2.08 (2.64 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $83.09 per barrel, while the minimum price was $77.87.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $45.24 per barrel this week, which was one cent (0.02 percent) more than in the previous week.
The maximum price for URALS oil amounted to $48.21 per barrel, while the minimum price – $42.71.
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 $80.85 per barrel this week, thus rising by $1.12 (1.4 percent).
The maximum price for Brent Dated amounted to $83.61 per barrel, while the minimum price – $78.74.
Oil grade/date |
December 12, 2022 |
December 13, 2022 |
December 14, 2022 |
December 15, 2022 |
December 16, 2022 |
Average price |
Azeri LT CIF |
$80.80 |
$83.04 |
$85.94 |
$84.77 |
$82.82 |
$83.47 |
Azeri Light FOB Ceyhan |
$77.87 |
$80.16 |
$83.09 |
$81.94 |
$80.04 |
$80.62 |
Urals (EX NOVO) |
$43.30 |
$45.56 |
$48.21 |
$46.43 |
$42.71 |
$45.24 |
Brent Dated |
$78.74 |
$80.97 |
$83.61 |
$81.83 |
$79.12 |
$80.85 |
(1 USD = 1.7 AZN on December 17)