BAKU, Azerbaijan, April 24. Azerbaijani oil prices decreased last week, Trend reports.
The average price for the Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $87.09 per barrel, down by $2.86 (3.18 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $88.6 per barrel, while the minimum price was $85.29.
The average price of Azeri LT FOB Ceyhan totaled $85.53 per barrel this week, less by $2.52 (2.86 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $86.96 per barrel, while the minimum price was $83.82.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $57.4 per barrel this week, which was $1.08 (1.88 percent) less than in the previous week.
The maximum price for URALS oil amounted to $58.06 per barrel, while the minimum price – $54.4. 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 $85.06 per barrel this week, decreasing by $2.45 (2.79 percent).
The maximum price for Brent Dated amounted to $86.63 per barrel, while the minimum price – $83.14.
|
Oil grade/date |
April 17 |
April 18 |
April 19 |
April 20 |
April 21 |
Average price |
|
Azeri LT CIF |
$88.59 |
$88.6 |
$87.42 |
$85.29 |
$85.54 |
$87.09 |
|
Azeri Light FOB Ceyhan |
$86.85 |
$86.96 |
$85.95 |
$83.82 |
$84.08 |
$85.53 |
|
Urals (EX NOVO) |
$57.59 |
$58.06 |
$56.9 |
$54.4 |
$54.64 |
$56.32 |
|
Brent Dated |
$86.56 |
$86.63 |
$85.55 |
$83.14 |
$83.4 |
$85.06 |
(1 USD = 1.7 AZN on April 24, 2023)