BAKU, Azerbaijan, Sept. 20
By Zeyni Jafarov – Trend:
Azerbaijani oil prices notably increased last week, Trend reports on Sept.20.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $75.66 per barrel, having grown by $2.66 (3.6 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $77.19 per barrel, while the minimum - $73.98.
The average price of Azeri LT FOB Ceyhan amounted to $74.93 per barrel last week, up by $2.6 (3.6 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $76.52 per barrel, while the minimum - $73.32.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.21 per barrel, which is $1.02 (1.5 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $72.27 per barrel, while the minimum - $70.51.
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 Brent Dated amounted to $73.88 per barrel, which is $1.62 (2.2 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $75.17 per barrel, while the minimum - $72.84.
Oil grade/date |
Sept.13, 2021 |
Sept.14, 2021 |
Sept.15, 2021 |
Sept.16, 2021 |
Sept.17, 2021 |
Average price |
Azeri LT CIF |
$73.98 |
$74.26 |
$77.19 |
$76.13 |
$76.73 |
$75.66 |
Azeri Light FOB Ceyhan |
$73.32 |
$73.59 |
$76.52 |
$75.12 |
$76.08 |
$74.93 |
Urals (EX NOVO) |
$70.63 |
$70.51 |
$72.27 |
$71.25 |
$71.37 |
$71.21 |
Brent Dated |
$72.84 |
$73.1 |
$75.17 |
$74.06 |
$74.25 |
$73.88 |
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