Azerbaijani oil prices have increased this week, Azernews reports.
The average price for Azeri Light CIF oil produced at the Azeri-Chirag-Gunashli (ACG) field was $90.28 per barrel, up $2.51 (2.86%) from the previous price.
The maximum price for Azeri Light CIF oil was $91.23, while the minimum price was $88.73.
This week, the average price of Azeri LT FOB Ceyhan was $88.06 per barrel, up $2.31 (2.7 percent) from the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $89.01 per barrel, while the minimum price was $86.57.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk totaled $47.28 per barrel this week, which was $4.33 (10.1 percent) more than in the previous week.
The maximum price for URALS oil amounted to $48.78 per barrel, while the minimum price – $45.
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 $84.7 per barrel this week, rising by $4.33 or 5.38 percent.
The maximum price for Brent Dated amounted to $85.93 per barrel, while the minimum price – $82.84.
| Oil grade/date | January 16, 2023 | January 17, 2023 | January 18, 2023 | January 19, 2023 | January 20, 2023 | Average price |
| Azeri LT CIF | $90.35 | $91.23 | $91.17 | $88.73 | $89.91 | $90.28 |
| Azeri Light FOB Ceyhan | $88.09 | $88.99 | $89.01 | $86.57 | $87.63 | $88.06 |
| Urals (EX NOVO) | $45 | $46.99 | $48.54 | $47.10 | $48.78 | $47.28 |
| Brent Dated | $82.84 | $84.35 | $85.93 | $84.50 | $85.90 | $84.70 |
(1 USD = AZN1.7 on January 21)
Source : Azer News
