BAKU, Azerbaijan, July 1. 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 $77.3 per barrel, down by $1.09 (1.39 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil reached $78.85 per barrel, while the minimum price was $76.47.
The average price of Azeri LT FOB Ceyhan totaled $75.73 per barrel this week, less by $1.13 (1.47 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $77.37 per barrel, while the minimum price was $74.86.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $52.75 per barrel this week, which was 52 cent (0.97 percent) less than in the previous week.
The maximum price for URALS oil amounted to $54.64 per barrel, while the minimum price – $51.81. 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 $73.55 per barrel this week, decreasing by $1.11 (1.5 percent).
The maximum price for Brent Dated amounted to $74.97 per barrel, while the minimum price – $72.79.
|
Oil grade/date |
June 26 |
June 27 |
June 28 |
June 29 |
June 30 |
Average price |
|
Azeri LT CIF |
$77.15 |
$76.47 |
$77.04 |
$76.97 |
$78.85 |
$77.3 |
|
Azeri Light FOB Ceyhan |
$75.52 |
$74.86 |
$75.43 |
$75.48 |
$77.37 |
$75.73 |
|
Urals (EX NOVO) |
$52.54 |
$51.81 |
$52.47 |
$52.31 |
$54.64 |
$52.75 |
|
Brent Dated |
$73.55 |
$72.79 |
$73.33 |
$73.04 |
$74.97 |
$73.55 |
(1 USD = 1.7 AZN on July 1, 2023)