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Azerbaijani oil prices for August 21-25

26 August 2017 17:28 (UTC+04:00)
Azerbaijani oil prices for August 21-25

By Trend

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $53.91 per barrel on August 21-25 or $0.82 per barrel more than the previous week.

The highest price of AZERI LT was $54.12 per barrel, while the lowest price was $53.72 per barrel, during the reported 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 $50.17 per barrel on August 21-25 or $0.56 per barrel more than the previous week.

The highest price for URALS was $50.38 per barrel and the lowest price was $50.03 per barrel on August 21-25.

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

Average price of Brent Dated was $51.91 per barrel on August 21-25 or $1.44 per barrel more than the previous week.

The highest price for Brent was $52.08 per barrel and the lowest price was $51.61 during the reporting period.

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