BAKU, Azerbaijan, April 29. Azerbaijani oil prices have decreased this week, Trend reports.
The average price for the Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $84.07 per barrel, down by $3.02 (3.46 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $88.26 per barrel, while the minimum price was $81.85.
This week, the average price of Azeri LT FOB in the Turkish port of Ceyhan was $82.6 per barrel, which is $2.93 (3.42 percent) less than last week.
The maximum price for it was $84.76 per barrel, and the minimum – $80.39.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $54.77 per barrel this week, which was $2.63 (4.58 percent) less than in the previous week.
The maximum price for URALS oil amounted to $55.44 per barrel, while the minimum price – $53.2. 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 $82.19 per barrel this week, decreasing by $2.87 (3.34 percent).
The maximum price for Brent Dated amounted to $84.26 per barrel, while the minimum price – $80.01.
| Oil grade/date |
April 24 |
April 25 |
April 26 |
April 27 |
April 28 |
Average price |
|
Azeri LT CIF |
$86.26 |
$84.40 |
$84.02 |
$81.85 |
$83.80 |
$84.07 |
|
Azeri Light FOB Ceyhan |
$84.76 |
$82.91 |
$82.55 |
$80.39 |
$82.34 |
$82.60 |
|
Urals (EX NOVO) |
$55.44 |
$54.65 |
$55.36 |
$53.20 |
$55.21 |
$54.77 |
|
Brent Dated |
$84.26 |
$82.47 |
$82.19 |
$80.01 |
$82.01 |
$82.19 |
(1 USD = 1.7 AZN on April 29, 2023)