BAKU, Azerbaijan, Sept. 27
By Zeyni Jafarov – Trend:
Azerbaijani oil prices notably increased last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $77.16 per barrel, having grown by $1.5 (2 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $79.08 per barrel, while the minimum - $75.16.
The average price of Azeri LT FOB Ceyhan amounted to $76.51 per barrel last week, up by $1.58 (2.1 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $78.42 per barrel, while the minimum - $74.5.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.94 per barrel, which is 73 cents (1 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $73.92 per barrel, while the minimum - $69.81.
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 $75.26 per barrel, which is $1.38 (1.9 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $77.34 per barrel, while the minimum - $73.19.
|
Oil grade/date |
Sept.20, 2021 |
Sept.21, 2021 |
Sept.22, 2021 |
Sept.23, 2021 |
Sept.24, 2021 |
Average price |
|
Azeri LT CIF |
$76.15 |
$75.16 |
$76.93 |
$78.5 |
$79.08 |
$77.16 |
|
Azeri Light FOB Ceyhan |
$75.5 |
$74.5 |
$76.28 |
$77.84 |
$78.42 |
$76.51 |
|
Urals (EX NOVO) |
$70.97 |
$69.81 |
$71.71 |
$73.28 |
$73.92 |
$71.94 |
|
Brent Dated |
$74.11 |
$73.19 |
$75.02 |
$76.64 |
$77.34 |
$75.26 |
---
Follow the author on Twitter: @jafarov_zeyni