BAKU, Azerbaijan, May 27. Azerbaijani oil prices have increased this week, Trend reports.
The average price for the Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $79.27 per barrel, up by $0.66 (0.84 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $80.46 per barrel, while the minimum price was $78.47.
The average price of Azeri LT FOB Ceyhan totaled $77.35 per barrel this week, more by $0.63 (0.82 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $78.51 per barrel, while the minimum price was $76.53.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $51.93 per barrel this week, which was $1.43 (2.83 percent) more than in the previous week.
The maximum price for URALS oil amounted to $53.37 per barrel, while the minimum price – $50.82. 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 $76.46 per barrel this week, increasing by $0.7 (0.92 percent).
The maximum price for Brent Dated amounted to $77.59 per barrel, while the minimum price – $75.57.
|
Oil grade/date |
May 22 |
May 23 |
May 24 |
May 25 |
May 26 |
Average price |
|
Azeri LT CIF |
$78.70 |
$79.76 |
$80.46 |
$78.47 |
$78.98 |
$79.27 |
|
Azeri Light FOB Ceyhan |
$76.81 |
$77.80 |
$78.51 |
$76.53 |
$77.11 |
$77.35 |
|
Urals (EX NOVO) |
$50.82 |
$51.91 |
$53.37 |
$51.37 |
$52.18 |
$51.93 |
|
Brent Dated |
$75.81 |
$76.90 |
$77.59 |
$75.57 |
$76.44 |
$76.46 |
(1 USD = 1.7 AZN on May 27, 2023)