(MENAFN- Trend News Agency) Baku, Azerbaijan, Oct. 12
By Anastasiya Savchenko - Trend:
Average price of AZERI LT CIF extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields was $62.05 per barrel on October 7-11, or $0.5 more than the previous week,Trendreports on Oct. 12.
During the reporting period, the highest price of AZERI LT was $63.92 per barrel, while the lowest price was $60.64 per barrel.
Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports of Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and railway.
Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia's Novorossiysk port.
Average price of URALS (FOB-NOVO) was $56.17 per barrel, which is $0.45 more than in the previous week.
The highest price for URALS was $59.42 per barrel and the lowest price was $54.25 per barrel on October 7-11.
Average price of Brent Dated was $59.63 per barrel on October 7-11 or $0.58 per barrel more than the preceding week.
The highest price for Brent was $60.92 per barrel and the lowest price was $58.39 during the reporting period.
MENAFN1210201901870000ID1099116218
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.