BAKU, Azerbaijan, February 27. Azerbaijani oil prices have decreased last week, Trend reports.
The average price for the Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $83.73 per barrel, down by $3.41 (3.91 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $85.19 per barrel, while the minimum price was $82.4.
The average price of Azeri LT FOB Ceyhan totaled $81.97 per barrel last week, lowering by $3.34 (4.03 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $83.36 per barrel, while the minimum price was $80.66.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $45.49 per barrel this week, which was $2.22 (7.11 percent) less than in the previous week.
The maximum price for URALS oil amounted to $46.46 per barrel, while the minimum price – $44.32.
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 settled at $81.48 per barrel last week, declining by $2.47 (2.94 percent).
The maximum price for Brent Dated amounted to $82.34 per barrel, while the minimum price – $80.25.
|
Oil grade/date |
February 20, 2023 |
February 21, 2023 |
February 22, 2023 |
February 23, 2023 |
February 24, 2023 |
Average price |
|
Azeri LT CIF |
$85.19 |
$84.34 |
$82.4 |
$82.95 |
$83.77 |
$83.73 |
|
Azeri Light FOB Ceyhan |
$83.36 |
$82.55 |
$80.66 |
$81.22 |
$82.04 |
$81.97 |
|
Urals (EX NOVO) |
$46.46 |
$45.97 |
$44.32 |
$44.9 |
$45.78 |
$45.49 |
|
Brent Dated |
$82.34 |
$82 |
$80.25 |
$80.94 |
$81.85 |
$81.48 |
(1 USD = 1.7 AZN on February 27, 2023)