BAKU, Azerbaijan, January 28. 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 $90.06 per barrel, down by 22 cents (0.24 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $92.11 per barrel, while the minimum price was $88.91.
The average price of Azeri LT FOB Ceyhan totaled $87.6 per barrel this week, lowering by 46 cents (0.52 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $89.82 per barrel, while the minimum price was $86.85.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk totaled $49.42 per barrel this week, which was $2.14 (4.53 percent) more than in the previous week.
The maximum price for URALS oil amounted to $50.97 per barrel, while the minimum price – $48.64.
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 $86.62 per barrel this week, rising by $1.92 or 2.26 percent.
The maximum price for Brent Dated amounted to $88.21 per barrel, while the minimum price – $85.89.
Oil grade/date |
January 23, 2023 |
January 24, 2023 |
January 25, 2023 |
January 26, 2023 |
January 27, 2023 |
Average price |
Azeri LT CIF |
$92.11 |
$89.87 |
$89.45 |
$89.94 |
$88.91 |
$90.06 |
Azeri Light FOB Ceyhan |
$89.82 |
$87.67 |
$87.31 |
$87.85 |
$86.85 |
$87.90 |
Urals (EX NOVO) |
$50.97 |
$48.86 |
$48.64 |
$49.74 |
$48.89 |
$49.42 |
Brent Dated |
$88.21 |
$86.13 |
$85.89 |
$86.90 |
$85.99 |
$86.62 |
(1 USD = 1.7 AZN on January 28)