(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 4. Azerbaijani oil prices have decreased this week, trend reports.
The average price for the Azeri Light CIF oil,
produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $85.98
per barrel, down by $4.07 (4.52 percent) compared to the previous
price.
The maximum price for Azeri Light CIF oil amounted to
$87.79 per barrel, while the minimum price was $84.05.
The average price of Azeri LT FOB Ceyhan totaled $84.06 per
barrel this week, lowering by $3.84 (4.37 percent) compared to the
previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to
$85.7 per barrel, while the minimum price was $82.25.
The average price of URALS oil sold by Azerbaijan in the Russian
Port of Novorossiysk totaled $45.91 per barrel this week, which was
$3.51 (7.11 percent) more than in the previous week.
The maximum price for URALS oil amounted to $47.71 per
barrel, while the minimum price – $43.94.
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 $82.64 per
barrel this week, reducing by $3.99 or 4.6 percent.
The maximum price for Brent Dated amounted to $84.63
per barrel, while the minimum price – $80.62.
| Oil grade/date | January 30, 2023 | January 31, 2023 | February 1, 2023 | February 2, 2023 | February 3, 2023 | Average price |
| Azeri LT CIF | $87.79 | $87.53 | $86.41 | $84.14 | $84.05 | $85.98 |
| Azeri Light FOB Ceyhan | $85.70 | $85.55 | $84.52 | $82.26 | $82.25 | $84.06 |
| Urals (EX NOVO) | $47.71 | $47.33 | $46.21 | $43.94 | $44.35 | $45.91 |
| Brent Dated | $84.63 | $84.22 | $82.98 | $80.74 | $80.62 | $82.64 |
(1 USD = 1.7 AZN on February 4, 2023)
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