Azerbaijani oil prices for Feb. 5-9
Trend:
Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $67.92 per barrel on Feb. 5-9 or $2.58 per barrel less than the previous week.
The highest price of AZERI LT was $70.47 per barrel, while the lowest price was $65.2 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 $62.98 per barrel on Feb. 5-9 or $3.22 per barrel less than the previous week.
The highest price for URALS was $65.86 per barrel and the lowest price was $60.17 per barrel on Feb. 5-9.
Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.
Average price of Brent Dated was $65.48 per barrel on Feb. 5-9 or $2.67 per barrel less than the previous week.
The highest price for Brent was $67.86 per barrel and the lowest price was $62.98 during the reporting period.
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