BAKU, Azerbaijan, Nov. 9
By Sadraddin Aghjayev - Trend:
Azerbaijani oil prices decreased last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $85.12 per barrel, having decreased by $2.11 (2.41 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $87.08 per barrel, while the minimum - $82.75.
The average price of Azeri LT FOB Ceyhan amounted to $84.6 per barrel last week, down by $1.5 cents (7.74 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $86.13 per barrel, while the minimum - $83.06.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $80.74 per barrel, which is $1.26 (1.53 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $82.26 per barrel, while the minimum - $79.40.
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 $83.61 per barrel, decreasing by $1.08 or by 1.27 percent.
The maximum price for Brent Dated amounted to $84.70 per barrel, while the minimum - $81.89.
Oil grade/date |
Nov.1, 2021 |
Nov.2, 2021 |
Nov.3, 2021 |
Nov.4, 2021 |
Nov.5, 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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