Saturday, October 8, 2022

Weekly overview of oil market in Azerbaijan



BAKU, Azerbaijan, October 8. Azerbaijani oil
costs elevated this week, Development studies.

The typical value for Azeri Gentle CIF oil, produced on the
Azeri-Chirag-Gunashli (ACG) discipline, equaled $98.04 per barrel, up by
$6.9 (7.6 %) in comparison with the earlier value.

The utmost value for Azeri Gentle CIF oil amounted to $102.44
per barrel, whereas the minimal value was $93.34.

The typical value of Azeri LT FOB Ceyhan totaled $96.3 per
barrel this week, which is a development of $6.87 (7.68 %)
in comparison with the earlier indicator.

The utmost value for Azeri LT FOB Ceyhan amounted to $100.74
per barrel, whereas the minimal value was $91.54.

The typical value of URALS oil bought by Azerbaijan within the Russian
Port of Novorossiysk reached $68.42 per barrel this week, which was
$6.43 (10.37 %) greater than within the earlier week.

The utmost value for URALS oil amounted to $72.8 per barrel,
whereas the minimal value – $63.78.

Azerbaijan sells its URALS oil from the Russian Black Sea port
of Novorossiysk, delivering it via the Baku-Novorossiysk oil
pipeline.

The typical value of Brent Dated made up $94.78 per barrel this
week, thus rising by $7.38 (8.44 %).

The utmost value for Brent Dated amounted to $98.78 per barrel,
whereas the minimal value –$90.09.

Oil grade/date

October 3, 2022

October 4, 2022

October 5, 2022

October 6, 2022

October 7, 2022

Common value

Azeri LT CIF

$93.34

$96.72

$98.37

$99.35

$102.44

$98.04

Azeri Gentle FOB Ceyhan

$91.54

$94.9

$96.65

$97.64

$100.74

$96.3

Urals (EX NOVO)

$63.78

$67.03

$68.73

$69.74

$72.8

$68.42

Brent Dated

$90.09

$93.73

$95.24

$96.06

$98.78

$94.78



Originally published at Irvine News HQ

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