Oil & Gas

Azerbaijani oil prices up

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $75.42 per barrel at the Italian port of Augusta on June 18, that is $1.43 more than on June 15, a source on Azerbaijan’s oil and gas market told Trend June 19.
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Azerbaijani oil prices down

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $73.99 per barrel at the Italian port of Augusta on June 15, that is $2.71 less than on June 14, a source on Azerbaijan’s oil and gas market told Trend June 16.
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Azerbaijani oil prices down on June 14

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $76.7 per barrel at the Italian port of Augusta on June 14, that is $0.27 less than on June 13, a source in Azerbaijan’s oil and gas market told Trend June 15.
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Will current OPEC deal survive?

One the one hand, given the tightness in the market and the fact that the inventories have reached the 5 year average that they had set as goal post, then that should technical call for them to call-off the deal, the US JP Morgan bank said in its report obtained by Trend.
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