BAKU, Azerbaijan, July 29. 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 $87.4 per barrel, up by $3.74 (4.47 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil reached $88.06 per barrel, while the minimum price was $86.29.
The average price of Azeri LT FOB Ceyhan totaled $85.7 per barrel this week, more by $3.27 (3.96 percent) compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $87.03 per barrel, while the minimum price was $85.11.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk made up $67.55 per barrel this week, which was $5.61 (9.06 percent) more than in the previous week.
The maximum price for URALS oil amounted to $68.25 per barrel, while the minimum price – $66.56.The average price of Brent Dated settled at $83.41 per barrel this week, increasing by $3.86 (4.85 percent).
The maximum price for Brent Dated amounted to $84 per barrel, while the minimum price – $82.47.
|
Oil grade/date |
July 24 |
July 25 |
July 26 |
July 27 |
July 28 |
Average price |
|
Azeri LT CIF |
$86.29 |
$86.88 |
$87.76 |
$88.06 |
$88.01 |
$87.40 |
|
Azeri Light FOB Ceyhan |
$85.11 |
$85.71 |
$86.66 |
$87.03 |
$86.98 |
$85.70 |
|
Urals (EX NOVO) |
$66.56 |
$67.02 |
$67.91 |
$68.00 |
$68.25 |
$67.55 |
|
Brent Dated |
$82.47 |
$82.94 |
$83.82 |
$83.84 |
$84.00 |
$83.41 |
(1 USD = 1.7 AZN on July 29, 2023)