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Azerbaijani oil prices for Feb. 12-16

17 February 2018 17:30 (UTC+04:00)
Azerbaijani oil prices for Feb. 12-16

By Trend

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $64.93 per barrel on Feb. 12-16 or $2.99 per barrel less than the previous week.

The highest price of AZERI LT was $66.21 per barrel, while the lowest price was $63.69 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 $60.08 per barrel on Feb. 12-16 or $2.9 per barrel less than the previous week.

The highest price for URALS was $61.4 per barrel and the lowest price was $59 per barrel on Feb. 12-16.

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

Average price of Brent Dated was $62.74 per barrel on Feb. 12-16 or $2.74 per barrel less than the previous week.

The highest price for Brent was $64.15 per barrel and the lowest price was $61.62 during the reporting period.

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