BAKU, Azerbaijan, February 11. Azerbaijani oil prices have fluctuated this week, Trend reports.
The average price for the Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $85.87 per barrel, down by 11 cents (0.13 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $88.7 per barrel, while the minimum price was $82.6.
The average price of Azeri LT FOB Ceyhan totaled $84.1 per barrel this week, rising by six cents (0.05 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $86.94 per barrel, while the minimum price was $80.82.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk totaled $46.2 per barrel this week, which was 29 cents (0.63 percent) more than in the previous week.
The maximum price for URALS oil amounted to $49.02 per barrel, while the minimum price – $42.96.
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 $82.72 per barrel this week, increasing by eight cents or 0.1 percent.
The maximum price for Brent Dated amounted to $85.61 per barrel, while the minimum price – $79.6.
Oil grade/date |
February 6, 2023 |
February 7, 2023 |
February 8, 2023 |
February 9, 2023 |
February 10, 2023 |
Average price |
Azeri LT CIF |
$82.60 |
$85.34 |
$86.33 |
$86.36 |
$88.70 |
$85.87 |
Azeri Light FOB Ceyhan |
$80.82 |
$83.57 |
$84.56 |
$84.60 |
$86.94 |
$84.10 |
Urals (EX NOVO) |
$42.96 |
$45.66 |
$46.67 |
$46.70 |
$49.02 |
$46.20 |
Brent Dated |
$79.60 |
$82.11 |
$83.15 |
$83.23 |
$85.61 |
$82.72 |
(1 USD = 1.7 AZN on February 11, 2023)