BAKU, Azerbaijan, June 15
By Nargiz Ismayilova – Trend:
The price of Azeri Light, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $41.37 per barrel last week (on June 8-12), which is $0.84 or 2.02 percent more compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light period amounted to $42.41 per barrel, while the minimum - $40.33.
The average price of Brent Dated reference grade oil amounted to $39.4 per barrel last week, which is $1.54 or 4.07 percent more compared to the previous indicator.
The maximum price for Brent Dated oil amounted to $40.27 per barrel, while the minimum - $38.39.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $40.88 per barrel, which is $1.2 or 2.7 percent more compared to the previous week.
The maximum price for URALS oil amounted to $41.83 per barrel, while the minimum - $39.82.
Azerbaijan also sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.
Last week, the average price of Azeri LT FOB Ceyhan amounted to $40.8 per barrel, which is $0.92 or 2.3 percent more compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $41.83 per barrel, while the minimum - $39.78.
Oil grade/date |
June 8, 2020 |
June 9, 2020 |
June 10, 2020 |
June 11, 2020 |
June 12, 2020 |
Average price |
LT CIF |
42.41 |
41.7 |
42.03 |
40.33 |
40.37 |
41.37 |
FOB Ceyhan |
41.83 |
41.11 |
41.48 |
39.78 |
39.82 |
40.8 |
Urals (EX NOVO) |
41.83 |
41.18 |
41.7 |
39.88 |
39.82 |
40.88 |
Brent Dated |
40.27 |
39.65 |
40.07 |
38.39 |
38.64 |
39.4 |
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