BAKU, Azerbaijan, July 22. Azerbaijani oil prices have dropped this week, Trend reports.
The average price of Azeri LT CIF Augusta crude oil, which is produced at the Azeri-Chirag-Gunashli block of Azerbaijani fields, fell by $0.07 (0.08 percent) this week compared to last week's figure and amounted to $83.66 per barrel. The maximum price for it during the reporting period was $84.3 per barrel, the minimum – $82.96.
This week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $82.43 per barrel, which is $0.1 (0.12 percent) less in comparison with last week. The maximum price for it was $83.09 per barrel, the minimum – $81.69.
The average price of URALS crude oil increased by $1.15 (1.9 percent) compared to last week and amounted to $61.94 per barrel. The maximum price for URALS was $64.42 per barrel, while the minimum – $60.06.
The average price for Brent Dated oil fell by 0.25 percent (or $0.2) to $79.55 per barrel this week. The maximum price for Brent was $80.37 per barrel, and the minimum – $ 78.64 per barrel.
|
Oil/date |
July 17, 2023 |
July 18, 2023 |
July 19, 2023 |
July 20, 2023 |
July 21, 2023 |
Average price |
|
Azeri LT CIF |
$82.96 |
$83.53 |
$84.30 |
$83.37 |
$84.15 |
$83.66 |
|
Azeri Light FOB Ceyhan |
$81.69 |
$82.27 |
$83.09 |
$82.14 |
$82.95 |
$82.43 |
|
Urals (EX NOVO) |
$60.06 |
$60.73 |
$62.31 |
$62.19 |
$64.42 |
$61.94 |
|
Brent Dated |
$78.64 |
$79.41 |
$80.21 |
$79.12 |
$80.37 |
$79.55 |
(1 USD = 1.7 AZN on July 22, 2023)