BAKU, Azerbaijan, March 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 $85.9 per barrel, up by 45 cents (0.52 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $88.04 per barrel, while the minimum price was $84.73.
The average price of Azeri LT FOB Ceyhan totaled $84.04 per barrel this week, rising by 41 cents (0.49 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $86.12 per barrel, while the minimum price was $82.85.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $47.67 per barrel this week, which was 23 cents (0.48 percent) more than in the previous week.
The maximum price for URALS oil amounted to $49.5 per barrel, while the minimum price – $46.26.
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 $83.54 per barrel this week, decreasing by 13 cents or 0.15 percent.
The maximum price for Brent Dated amounted to $85.86 per barrel, while the minimum price – $82.36.
|
Oil grade/date |
March 6, 2023 |
March 7, 2023 |
March 8, 2023 |
March 9, 2023 |
March 10, 2023 |
Average price |
|
Azeri LT CIF |
$88.04 |
$86.47 |
$84.73 |
$85.45 |
$84.79 |
$85.90 |
|
Azeri Light FOB Ceyhan |
$86.12 |
$84.56 |
$82.85 |
$83.63 |
$83.04 |
$84.04 |
|
Urals (EX NOVO) |
$49.50 |
$47.74 |
$46.26 |
$47.50 |
$47.34 |
$47.67 |
|
Brent Dated |
$85.86 |
$84.01 |
$82.36 |
$83.07 |
$82.40 |
$83.54 |
(1 USD = 1.7 AZN on March 11, 2023)