(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 27. 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 $79.27 per barrel, up by
$0.66 (0.84 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $80.46 per
barrel, while the minimum price was $78.47.
The average price of Azeri LT FOB Ceyhan totaled $77.35 per
barrel this week, more by $0.63 (0.82 percent) compared to the
previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $78.51 per
barrel, while the minimum price was $76.53.
The average price of URALS oil sold by Azerbaijan in the Russian
Port of Novorossiysk made up $51.93 per barrel this week, which was
$1.43 (2.83 percent) more than in the previous week.
The maximum price for URALS oil amounted to $53.37 per barrel,
while the minimum price – $50.82. 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 settled at $76.46 per barrel
this week, increasing by $0.7 (0.92 percent).
The maximum price for Brent Dated amounted to $77.59 per barrel,
while the minimum price – $75.57.
| Oil grade/date | May 22 | May 23 | May 24 | May 25 | May 26 | Average price |
| Azeri LT CIF | $78.70 | $79.76 | $80.46 | $78.47 | $78.98 | $79.27 |
| Azeri Light FOB Ceyhan | $76.81 | $77.80 | $78.51 | $76.53 | $77.11 | $77.35 |
| Urals (EX NOVO) | $50.82 | $51.91 | $53.37 | $51.37 | $52.18 | $51.93 |
| Brent Dated | $75.81 | $76.90 | $77.59 | $75.57 | $76.44 | $76.46 |
(1 USD = 1.7 AZN on May 27, 2023)
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