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Azerbaijani oil prices for January 1-5

8 January 2018 13:55 (UTC+04:00)
Azerbaijani oil prices for January 1-5

By Trend

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $69.74 per barrel on Jan. 1-5 or $1.42 per barrel more than the previous week.

The highest price of AZERI LT was $70.54 per barrel, while the lowest price was $68.59 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 $66.41 per barrel on Jan. 1-5 or $1.4 per barrel more than the previous week.

The highest price for URALS was $67.23 per barrel and the lowest price was $65.19 per barrel on Jan. 1-5.

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

Average price of Brent Dated was $67.89 per barrel on Jan. 1-5 or $1.64 per barrel more than the previous week.

The highest price for Brent was $68.72 per barrel and the lowest price was $66.6 during the reporting period.

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