BAKU, Azerbaijan, July 9. 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 $80.05 per barrel, up by $2.75 (3.55 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil reached $81.76 per barrel, while the minimum price was $79.18.
The average price of Azeri LT FOB Ceyhan totaled $75.73 per barrel this week, more by $3.01 (3.97 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $80.51 per barrel, while the minimum price was $77.81.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $56.70 per barrel this week, which was $3.95 (7.48 percent) more than in the previous week.
The maximum price for URALS oil amounted to $58.96 per barrel, while the minimum price – $55.43. 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 $76.38 per barrel this week, increasing by $2.83 (3.84 percent).
The maximum price for Brent Dated amounted to $77.94 per barrel, while the minimum price – $75.53.
|
Oil grade/date |
July 3 |
July 4 |
July 5 |
July 6 |
July 7 |
Average price |
|
Azeri LT CIF |
$79.18 |
$79.59 |
$80.44 |
$79.28 |
$81.76 |
$80.05 |
|
Azeri Light FOB Ceyhan |
$77.81 |
$78.28 |
$79.11 |
$78 |
$80.51 |
$78.74 |
|
Urals (EX NOVO) |
$55.43 |
$56.12 |
$56.87 |
$56.07 |
$58.96 |
$56.70 |
|
Brent Dated |
$75.53 |
$76 |
$76.86 |
$75.59 |
$77.94 |
$76.38 |
(1 USD = 1.7 AZN on July 9, 2023)