Azerbaijani oil prices have increased this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $87.77 per barrel, up by $3.05 (3.6 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $91.26 per barrel, while the minimum price was $84.63.
The average price of Azeri LT FOB Ceyhan totaled $85.75 per barrel this week, increasing by $2.71 (3.26 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $89 per barrel, while the minimum price was $82.81.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk totaled $42.95 per barrel this week, which was $1.11 (2.65 percent) more than in the previous week.
The maximum price for URALS oil amounted to $45.15 per barrel, while the minimum price – $40.89.
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 made up $80.37 per barrel this week, rising by $3.36 or 2.62 percent.
The maximum price for Brent Dated amounted to $83.33 per barrel, while the minimum price – $77.44.
Oil grade/date |
January 9, 2023 |
January 10, 2023 |
January 11, 2023 |
January 12, 2023 |
January 13, 2023 |
Average price |
Azeri LT CIF |
$84.63 |
$84,83 |
$87.52 |
$90.63 |
$91.26 |
$87.77 |
Azeri Light FOB Ceyhan |
$82.97 |
$82.81 |
$85.48 |
$88.50 |
$89 |
$85.75 |
Urals (EX NOVO) |
$41.69 |
$40.89 |
$42.33 |
$44.70 |
$45.15 |
$42.95 |
Brent Dated |
$77.44 |
$77.80 |
$80.44 |
$82.83 |
$83.33 |
$80.37 |
(1 USD = 1.7 AZN on January 14)