BAKU, Azerbaijan, Nov. 29
By Sadraddin Aghjayev - Trend:
Azerbaijani oil prices decreased last week, Trend reports on Nov. 29.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $81.06 per barrel, having decreased by $1.56 (1.88 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $83.77 per barrel, while the minimum - $73.91 last week.
The average price of Azeri LT FOB Ceyhan amounted to $80.33 per barrel last week, down by $4.12 (4.87 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $83.03 per barrel, while the minimum - $73.22.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $80.44 per barrel last week, which is $3.85 (4.78 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $79.33 per barrel, while the minimum - $69.45.
Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.
The average price of Brent Dated amounted to $80.52 per barrel last week, thus decreasing by $1.97 (1.93 percent).
The maximum price for Brent Dated amounted to $83.13 per barrel, while the minimum - $73.27.
Oil grade/date |
Nov. 22, 2021 |
Nov. 23, 2021 |
Nov. 24, 2021 |
Nov. 25, 2021 |
Nov. 26, 2021 |
Average price |
Azeri LT CIF |
$81.57 |
$83.27 |
$83.77 |
$82.82 |
$73.91 |
$81.06 |
Azeri Light FOB Ceyhan |
$80.80 |
$82.53 |
$83.03 |
$82.08 |
$73.22 |
$80.33 |
Urals (EX NOVO) |
$77.06 |
$78.80 |
$79.33 |
$78.33 |
$69.45 |
$76.59 |
Brent Dated |
$81.11 |
$82.83 |
$83.13 |
$82.26 |
$73.27 |
$80.52 |
(1 USD = 1.7 AZN on Nov. 29)
---
Follow the author on Twitter: @agdzhaev