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Prices for Azerbaijani oil revealed

With crude on boil, tax structure helps some States rake it in more than Centre

With crude on boil, tax structure helps some States rake it in more than Centre
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Azerbaijani oil prices increase

Weekly review of Azerbaijani oil prices

By Zeyni Jafarov – Trend: The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $62.02 per barrel last week (from Feb. 8 through Feb. 12), which is growth by $3.11 (5.3 percent) compared to the previous price, Trend reports. Last week, the maximum price for Azeri Light CIF oil amounted to $62.77 per barrel, while the minimum - $61.11. The average price of Azeri LT FOB Ceyhan amounted to $61.4 per barrel last week, up to $3.13 (5.4 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $62.14 per barrel, while the minimum - $60.49. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $59.06 per barrel, showing an increase of $2.38 (4.2 percent) compared to the previous week.

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