Azerbaijani oil prices for May 16-20
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The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $50.38 per barrel on May 16-20 or $3.07 per barrel more than the previous week.
The maximum price for AZERI LT was $51.16 per barrel and the minimum price was $49.32 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.
The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $45.5 per barrel on May 16-20 or $2.79 per barrel more than the previous week.
The maximum price for Urals totaled $46.29 per barrel and the minimum - $44.51 per barrel on May 16-20.
Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.
The average price for Brent Dated was $48.57 per barrel on May 16-20 or $3.28 per barrel more than the previous week.
The maximum price for Brent was $49.25 per barrel and the minimum - $47.49 during the reporting period.
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