BAKU, Azerbaijan, December 24. 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 $85.9 per barrel, up by $2.43 (2.91 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $87.34 per barrel, while the minimum price was $84.09.
The average price of Azeri LT FOB Ceyhan totaled $83.75 per barrel this week, growing by $3.13 (3.88 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $85.46 per barrel, while the minimum price was $81.79.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $43.60 per barrel this week, which was $1.64 (3.62 percent) less than in the previous week.
The maximum price for URALS oil amounted to $44.52 per barrel, while the minimum price – $41.91.
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 $80.04 per barrel this week, thus reducing by 81 cents (one percent).
The maximum price for Brent Dated amounted to $80.89 per barrel, while the minimum price – $78.59.
Oil grade/date |
December 19, 2022 |
December 20, 2022 |
December 21, 2022 |
December 22, 2022 |
December 23, 2022 |
Average price |
Azeri LT CIF |
$84.43 |
$84.09 |
$86.40 |
$87.22 |
$87.34 |
$85.90 |
Azeri Light FOB Ceyhan |
$81.79 |
$81.90 |
$84.37 |
$85.22 |
$85.46 |
$83.75 |
Urals (EX NOVO) |
$42.99 |
$41.91 |
$44.17 |
$44.42 |
$44.52 |
$43.60 |
Brent Dated |
$79.65 |
$78.59 |
$80.30 |
$80.79 |
$80.89 |
$80.04 |
(1 USD = 1.7 AZN on December 24)