BAKU, Azerbaijan, June 19. 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 $78.88 per barrel, up by $2.34 (1.85 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $78.58 per barrel, while the minimum price was $75.1.
The average price of Azeri LT FOB Ceyhan totaled $75.58 per barrel this week, more by $1.8 (2.33 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $77.12 per barrel, while the minimum price was $73.58.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $51.58 per barrel this week, which was $1.19 (2.26 percent) more than in the previous week.
The maximum price for URALS oil amounted to $53.59 per barrel, while the minimum price – $49.44. 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 $74.01 per barrel this week, decreasing by $2.32 (3.04 percent).
The maximum price for Brent Dated amounted to $75.26 per barrel, while the minimum price – $72.74.
|
Oil grade/date |
June 12 |
June 13 |
June 14 |
June 15 |
June 16 |
Average price |
|
Azeri LT CIF |
$75.1 |
$76.77 |
$76.96 |
$77.76 |
$78.58 |
$77.03 |
|
Azeri Light FOB Ceyhan |
$73.58 |
$75.34 |
$75.51 |
$76.33 |
$77.12 |
$75.58 |
|
Urals (EX NOVO) |
$49.44 |
$51 |
$51.07 |
$52.78 |
$53.59 |
$51.58 |
|
Brent Dated |
$72.46 |
$73.95 |
$73.87 |
$74.51 |
$75.26 |
$74.01 |
(1 USD = 1.7 AZN on June 17, 2023)