BAKU, Azerbaijan, July 15. 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 $83.73 per barrel, up by $3.68 (4.6 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil reached $84.49 per barrel, while the minimum price was $82.68.
The average price of Azeri LT FOB Ceyhan totaled $82.53 per barrel this week, more by $3.79 (4.81 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $83.3 per barrel, while the minimum price was $81.45.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $60.79 per barrel this week, which was $4.09 (7.21 percent) more than in the previous week.
The maximum price for URALS oil amounted to $61.51 per barrel, while the minimum price – $59.73. 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 $3.37 (4.41 percent).
The maximum price for Brent Dated amounted to $80.37 per barrel, while the minimum price – $78.79.
|
Oil grade/date |
July 10 |
July 11 |
July 12 |
July 13 |
July 14 |
Average price |
|
Azeri LT CIF |
$82.68 |
$83.28 |
$84.11 |
$84.49 |
$84.1 |
$83.73 |
|
Azeri Light FOB Ceyhan |
$81.45 |
$82.06 |
$82.90 |
$83.3 |
$82.92 |
$82.53 |
|
Urals (EX NOVO) |
$59.73 |
$60.32 |
$61.16 |
$61.51 |
$61.21 |
$60.79 |
|
Brent Dated |
$78.79 |
$79.53 |
$80.25 |
$80.37 |
$79.8 |
$79.75 |
(1 USD = 1.7 AZN on July 15, 2023)