BAKU, Azerbaijan, June 10. 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 $78.88 per barrel, up by $2.36 (3.1 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $79.52 per barrel, while the minimum price was $78.43.
The average price of Azeri LT FOB Ceyhan totaled $77.38 per barrel this week, more by $2.58 (3.45 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $77.99 per barrel, while the minimum price was $76.92.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $52.77 per barrel this week, which was $2.64 (5.3 percent) more than in the previous week.
The maximum price for URALS oil amounted to $53.98 per barrel, while the minimum price – $51.88. 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 $76.33 per barrel this week, increasing by $1.93 (2.6 percent).
The maximum price for Brent Dated amounted to $77.31 per barrel, while the minimum price – $75.65.
Oil grade/date |
June 5 |
June 6 |
June 7 |
June 8 |
June 9 |
Average price |
Azeri Light FOB Ceyhan |
$77.99 |
$77.08 |
$78 |
$76.92 |
$76.92 |
$77.38 |
Urals (EX NOVO) |
$53.98 |
$52.13 |
$52.97 |
$51.88 |
$52.89 |
$52.77 |
Brent Dated |
$77.31 |
$76.29 |
$76.71 |
$75.65 |
$75.68 |
$76.33 |
Azeri Light FOB Ceyhan |
$77.99 |
$77.08 |
$78 |
$76.92 |
$76.92 |
$77.38 |
(1 USD = 1.7 AZN on June 10, 2023)