BAKU, Azerbaijan, June 29
By Nargiz Ismayilova – Trend:
The price of Azeri Light, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $42.88 per barrel last week (on June 22-26), which is 70 cents or 1.6 percent more compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light period amounted to $43.94 per barrel, while the minimum - $41.57.
The average price of Brent Dated reference grade oil amounted to $42.53 per barrel last week, which is $1.89 or 4.5 percent more compared to the previous indicator.
The maximum price for Brent Dated oil amounted to $45.01 per barrel, while the minimum - $40.46.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $42.74 per barrel, which is 95 cents or 2.2 percent more compared to the previous week.
The maximum price for URALS oil amounted to $43.83 per barrel, while the minimum - $41.46.
Azerbaijan 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 $42.37 per barrel, which is 72 cents or 1.7 percent more compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $43.41 per barrel, while the minimum - $41.08.
Oil grade/date |
June 22, 2020 |
June 23, 2020 |
June 24, 2020 |
June 25, 2020 |
June 26, 2020 |
Average price |
LT CIF |
43.94 |
44.72 |
41.57 |
42.19 |
42.00 |
42.88 |
FOB Ceyhan |
43.41 |
44.19 |
41.08 |
41.68 |
41.5 |
42.37 |
Urals (EX NOVO) |
43.81 |
44.63 |
41.46 |
41.98 |
41.83 |
42.74 |
Brent Dated |
42.8 |
43.61 |
40.46 |
45.01 |
40.77 |
42.53 |
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