Azerbaijani oil prices for October 23-27

By  Trend

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $59.39 per barrel on October 23-27 or $0.67 per barrel more than the previous week.

The highest price of AZERI LT was $61.31 per barrel, while the lowest price was $58.3 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 $56.24 per barrel on October 23-27 or $0.61 per barrel more than the previous week.

The highest price for URALS was $58.17 per barrel and the lowest price was $55.2 per barrel on October 23-27.

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

Average price of Brent Dated was $58.59 per barrel on Oct. 23-27 or $1.07 per barrel more than the previous week.

The highest price for Brent was $60.34 per barrel and the lowest price was $57.68 during the reporting period.