BAKU, Azerbaijan, June 25. 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 $78.39 per barrel, up by $1.36 (1.76 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $80.28 per barrel, while the minimum price was $76.57.
The average price of Azeri LT FOB Ceyhan totaled $76.86 per barrel this week, more by $1.28 (1.7 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $78.78 per barrel, while the minimum price was $74.89.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $53.27 per barrel this week, which was $1.69 (3.3 percent) more than in the previous week.
The maximum price for URALS oil amounted to $54.93 per barrel, while the minimum price – $52.04. 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 $74.66 per barrel this week, rising by 65 cents (0.88 percent).
The maximum price for Brent Dated amounted to $76.45 per barrel, while the minimum price – $73.12.
|
Oil grade/date |
June 19 |
June 20 |
June 21 |
June 22 |
June 23 |
Average price |
|
Azeri LT CIF |
$79.1 |
$78.25 |
$80.28 |
$77.73 |
$76.57 |
$78.39 |
|
Azeri Light FOB Ceyhan |
$77.68 |
$76.73 |
$78.78 |
$76.23 |
$74.89 |
$76.86 |
|
Urals (EX NOVO) |
$53.95 |
$53.00 |
$54.93 |
$52.43 |
$52.04 |
$53.27 |
|
Brent Dated |
$75.47 |
$74.5 |
$76.45 |
$73.79 |
$73.12 |
$74.66 |
(1 USD = 1.7 AZN on June 25, 2023)