The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $120.32 per barrel, having increased by $7.47 (6.62 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $123.18 per barrel, while the minimum price – was $118.42.
The average price of Azeri LT FOB Ceyhan totaled $119.23 per barrel this week, up by $7.58 (6.79 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $122.06 per barrel, while the minimum price was $117.34.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $76.32 per barrel this week, which was $5.09 (7.14 percent) more than in the previous week.
The maximum price for URALS oil amounted to $79.73 per barrel, while the minimum price – was $74.31.
Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.
The average price of Brent Dated made up $113.23 per barrel this week, thus increasing by $5.6 (5.2 percent).
The maximum price for Brent Dated amounted to $116.51 per barrel, while the minimum price – was $111.33.
| Oil grade/date | May 16, 2022 | May 17, 2022 | May 18, 2022 | May 19, 2022 | May 20, 2022 | Average price |
| Azeri LT CIF | $119.39 | $123.18 | $118.42 | $118.99 | $121.62 | $120.32 |
| Azeri Light FOB Ceyhan | $118.27 | $122.06 | $117.34 | $117.93 | $120.56 | $119.23 |
| Urals (EX NOVO) | $76.46 | $79.73 | $74.33 | $74.31 | $76.78 | $76.32 |
| Brent Dated | $113.14 | $116.51 | $111.33 | $111.35 | $113.82 | $113.23 |
