BAKU, Azerbaijan, Jan. 31
By Sadraddin Aghjayev - Trend:
Azerbaijani oil prices increased last week, Trend reports on Jan. 31.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, reached $92.38 per barrel, having grown by 95 cents (one percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $94.66 per barrel, while the minimum price - $89.1.
The average price of Azeri LT FOB Ceyhan amounted to $91.52 per barrel last week, up by 90 cents (one percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $93.72 per barrel, while the minimum price - $88.27.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $87.17 per barrel last week, which is $1.04 (1.2 percent) more than in the previous week.
The maximum price for URALS oil amounted to $89.05 per barrel, while the minimum price - $84.21.
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 $90.62 per barrel last week, thus increasing by $1.13 (1.3 percent).
The maximum price for Brent Dated amounted to $92.86 per barrel, while the minimum price - $87.52.
Oil grade/date |
Jan. 24, 2022 |
Jan.25, 2022 |
Jan. 26, 2022 |
Jan. 27, 2022 |
Jan. 28, 2022 |
Average price |
Azeri LT CIF |
$89.10 |
$91.16 |
$93.84 |
$93.17 |
$94.66 |
$92.38 |
Azeri Light FOB Ceyhan |
$88.27 |
$90.34 |
$92.98 |
$92.3 |
$93.72 |
$91.52 |
Urals (EX NOVO) |
$84.21 |
$86.22 |
$88.55 |
$87.86 |
$89.05 |
$87.17 |
Brent Dated |
$87.52 |
$89.45 |
$92.02 |
$91.29 |
$92.86 |
$90.62 |
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