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Azerbaijani oil prices for January 8-12

13 January 2018 17:47 (UTC+04:00)
Azerbaijani oil prices for January 8-12

By Trend

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $70.88 per barrel on Jan. 8-12 or $1.14 per barrel more than the previous week.

The highest price of AZERI LT was $71.84 per barrel, while the lowest price was $69.86 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 $67.73 per barrel on Jan. 8-12 or $1.32 per barrel more than the previous week.

The highest price for URALS was $68.8 per barrel and the lowest price was $66.62 per barrel on Jan. 8-12.

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

Average price of Brent Dated was $69.61 per barrel on Jan. 8-12 or $1.72 per barrel more than the previous week.

The highest price for Brent was $70.71 per barrel and the lowest price was $68.35 during the reporting period.

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