BAKU, Azerbaijan, Aug. 3
By Fidan Babayeva – Trend:
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $44.28 per barrel last week (from July 27 through July 31), which is 46 cents or 1 percent less compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $45.11 per barrel, while the minimum - $43.55.
The average price of Brent Dated reference grade oil amounted to $43.06 per barrel last week, which is 62 cents or 1.4 percent less compared to the previous indicator.
The maximum price for Brent Dated oil amounted to $43.89 per barrel, while the minimum - $42.1.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $42.24 per barrel, which is 94 cents or 2.2 percent less compared to the previous week.
The maximum price for URALS oil amounted to $43.06 per barrel, while the minimum - $41.47.
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 $43.66 per barrel, which is 47 cents or 1.1 percent less compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $44.5 per barrel, while the minimum - $42.93.
Oil grade/date |
July 27, 2020 |
July 28, 2020 |
July 29, 2020 |
July 30, 2020 |
July 31, 2020 |
Average price |
Azeri LT CIF |
$43.55 |
$44.5 |
$45.11 |
$43.89 |
$44.36 |
$44.28 |
Azeri Light FOB Ceyhan |
$42.93 |
$43.88 |
$44.5 |
$43.3 |
$43.7 |
$43.66 |
Urals (EX NOVO) |
$41.47 |
$42.44 |
$43.06 |
$41.99 |
$42.25 |
$42.24 |
Brent Dated |
$42.1 |
$43.12 |
$43.74 |
$42.46 |
$43.89 |
$43.06 |
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