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Azerbaijani oil prices for May 29-June 2

3 June 2017 17:55 (UTC+04:00)
Azerbaijani oil prices for May 29-June 2

By Trend

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $51.44 per barrel on May 29-June 2 or $2.78 per barrel less than the previous week.

The highest price of AZERI LT was $52.30 per barrel, while the lowest price was $50.52 per barrel during the reporting period.

Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports - Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and railway.

Average price of URALS (EX-NOVO), exported from Azerbaijan via the Novorossiysk port, was $47.95 per barrel on May 29-June 2 or $2.59 per barrel less than the previous week.

The highest price for URALS was $48.68 per barrel and the lowest price was $47.29 per barrel on May 29-June 2.

Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.

Average price of Brent Dated was $49.70 per barrel on May 29-June 2 or $3.12 per barrel less than the previous week.

The highest price for Brent was $50.62 per barrel and the lowest price was $48.85 during the period.

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