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Azerbaijani oil prices for past week

31 October 2016 15:53 (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 $51.64 per barrel on October 24-28 or $0.97 per barrel less than the previous week.

The maximum price for AZERI LT was $52.22 per barrel and the minimum price was $51.23 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 $47.4 per barrel on October 24-28 or $0.77 per barrel less than the previous week.

The maximum price for Urals totaled $47.79 per barrel and the minimum - $47.15 per barrel on October 24-28.

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

The average price for Brent Dated was $49.11 per barrel on October 24-28 or $1.29 per barrel less than the previous week.

The maximum price for Brent was $49.86 per barrel and the minimum - $48.51 during the reporting period.

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