(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 6. Azerbaijani oil
prices dropped this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the
Azeri-Chirag-Gunashli (ACG) field, equaled $101.56 per barrel,
having decreased by $9.8 (8.8 percent) compared to the previous
price.
The maximum price for Azeri Light CIF oil amounted to $105.97
per barrel, while the minimum price – was $96.61.
The average price of Azeri LT FOB Ceyhan totaled $99.61 per
barrel this week, down by $9.53 (8.73 percent) compared to the
previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $103.81
per barrel, while the minimum price was $94.83.
The average price of URALS oil sold by Azerbaijan in the Russian
Port of Novorossiysk reached $63.73 per barrel this week, which was
$5.13 (7.45 percent) less than in the previous week.
The maximum price for URALS oil amounted to $65.83 per barrel,
while the minimum price – was $59.92.
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 $103.2 per barrel this
week, thus reducing by $7.76 (7 percent).
The maximum price for Brent Dated amounted to $107.07 per
barrel, while the minimum price – was $97.77.
| Oil grade/date | August 1, 2022 | August 2, 2022 | August 3, 2022 | August 4, 2022 | August 5, 2022 | Average price |
| Azeri LT CIF | $105.97 | $104.57 | $102.19 | $96.61 | $98.45 | $101.56 |
| Azeri Light FOB Ceyhan | $103.81 | $102.40 | $100.29 | $94.83 | $96.70 | $99.61 |
| Urals (EX NOVO) | $65.78 | $65.83 | $63.71 | $59.92 | $63.39 | $63.73 |
| Brent Dated | $107.07 | $106.56 | $103.15 | $97.77 | $101.41 | $103.20 |
(1 USD = 1.7 AZN on August 6)
MENAFN06082022000187011040ID1104655995
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.