BAKU, Azerbaijan, Jan. 24
By Sadraddin Aghjayev - Trend:
Azerbaijani oil prices increased last week, Trend reports on Jan. 24.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, reached $91.43 per barrel, having grown by $3.99 (4.56 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $92.89 per barrel, while the minimum price - $89.84.
The average price of Azeri LT FOB Ceyhan amounted to $90.62 per barrel last week, up by $7.55 (9.1 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $92.08 per barrel, while the minimum price - $89.03.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $86.13 per barrel last week, which is $4.05 (4.93 percent) more than in the previous week.
The maximum price for URALS oil amounted to $87.58 per barrel, while the minimum price - $84.32.
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 $89.49 per barrel last week, thus increasing by $4.17 (4.88 percent).
The maximum price for Brent Dated amounted to $90.92 per barrel, while the minimum price - $87.72.
|
Oil grade/date |
Jan. 17, 2022 |
Jan.18, 2022 |
Jan. 19, 2022 |
Jan. 20, 2022 |
Jan. 21, 2022 |
Average price |
|
Azeri LT CIF |
$89.84 |
$90.56 |
$92.49 |
$92.89 |
$91.41 |
$91.43 |
|
Azeri Light FOB Ceyhan |
$89.03 |
$89.73 |
$91.68 |
$92.08 |
$90.61 |
$90.62 |
|
Urals (EX NOVO) |
$84.32 |
$85.14 |
$87.11 |
$87.58 |
$86.50 |
$86.13 |
|
Brent Dated |
$87.72 |
$88.53 |
$90.51 |
$90.92 |
$89.81 |
$89.49 |
(1 USD = 1.7 AZN on Jan. 24)
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