BAKU, Azerbaijan, Nov. 1
By Sadraddin Aghjayev - Trend:
Azerbaijani oil prices increased last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $87.23 per barrel, having grown by 82 cents (0.95 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $88.19 per barrel, while the minimum - $85.78.
The average price of Azeri LT FOB Ceyhan amounted to $86.1 per barrel last week, up by 49 cents (0.6 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $87.25 per barrel, while the minimum - $84.83.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $82 per barrel, which is $1.07 (1.3 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $83.05 per barrel, while the minimum - $80.89.
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 $84.69 per barrel, remaining unchanged.
The maximum price for Brent Dated amounted to $86.12 per barrel, while the minimum - $83.41.
Oil grade/date |
Oct.25, 2021 |
Oct.26, 2021 |
Oct.27, 2021 |
Oct.28, 2021 |
Oct.29, 2021 |
Average price |
Azeri LT CIF |
$88.19 |
$88.17 |
$87.13 |
$86.89 |
$85.78 |
$87.23 |
Azeri Light FOB Ceyhan |
$87.25 |
$87.23 |
$85.95 |
$84.83 |
$85.21 |
$86.1 |
Urals (EX NOVO) |
$83.00 |
$83.05 |
$81.82 |
$80.89 |
$81.25 |
$82 |
Brent Dated |
$86.12 |
$85.85 |
$84.48 |
$83.41 |
$83.63 |
$84.69 |
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