Azerbaijani oil prices for May 30 – June 3

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $50.54 per barrel on May 30 – June 3 or $0.06 per barrel less than the previous week.
The maximum price for AZERI LT was $51.55 per barrel and the minimum price was $49.97 per barrel during the reporting period.
Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian Batumi and Supsa ports. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and railway.
The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $46.03 per barrel on May 30 – June 3 or $0.28 per barrel more than the previous week.
The maximum price for Urals totaled $46.85 per barrel and the minimum – $45.64 per barrel on May 30 – June 3. Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.
The average price for Brent Dated was $48.46 per barrel on May 30 – June 3 or $0.44 per barrel less than the previous week. The maximum price for Brent was $49.25 per barrel and the minimum – $48.03 during the reporting period.

Source: Trend