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Azerbaijani oil prices for past week

17 October 2016 17:35 (UTC+04:00)
Azerbaijani oil prices for past week

By Trend

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $52.63 per barrel on Oct. 10-14 or $0.85 per barrel more than the previous week.

The maximum price for AZERI LT was $53.76 per barrel and the minimum price was $52.12 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 $48.28 per barrel on Oct. 10-14 or $0.68 per barrel more than the previous week.

The maximum price for Urals totaled $49.44 per barrel and the minimum - $47.79 per barrel on Oct. 10-14.

Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.

The average price for Brent Dated was $50.24 per barrel on Oct. 10-14 or $0.74 per barrel more than the previous week.

The maximum price for Brent was $51.37 per barrel and the minimum - $49.78 during the reporting period.

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