By Trend

Average price of AZERI LT CIF, extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields, was $79.48 per barrel on May 14-18 or $2.44 per barrel more than the previous week.

The highest price of AZERI LT was $81.03 per barrel, while the lowest price was $78.61 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 $75.63 per barrel or $3 per barrel more than the previous week.

The highest price for URALS was $77.42 per barrel and the lowest price was $74.4 per barrel on May 14-18.

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

Average price of Brent Dated was $78.76 per barrel on May 14-18 or $2.22 per barrel more than the previous week.

The highest price for Brent was $80.29 per barrel and the lowest price was $78.08 during the reporting period.