BAKU, Azerbaijan, Feb. 7
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, reached $95.39 per barrel, having grown by $3.01 (3.25 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $99.3 per barrel, while the minimum price - $94.2.
The average price of Azeri LT FOB Ceyhan amounted to $94.46 per barrel last week, up by $2.94 (3.21 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $98.39 per barrel, while the minimum price - $92.72.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $88.69 per barrel last week, which is $1.52 (1.74 percent) more than in the previous week.
The maximum price for URALS oil amounted to $92.37 per barrel, while the minimum price - $86.36.
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 $93.77 per barrel last week, thus increasing by $3.15 (3.47 percent).
The maximum price for Brent Dated amounted to $97.66 per barrel, while the minimum price - $91.94.
Oil grade/date |
Jan. 31, 2022 |
Feb. 1, 2022 |
Feb. 2, 2022 |
Feb. 3, 2022 |
Feb. 4, 2022 |
Average price |
Azeri LT CIF |
$94.2 |
$94.74 |
$93.65 |
$95.07 |
$99.3 |
$95.39 |
Azeri Light FOB Ceyhan |
$93.25 |
$93.8 |
$92.72 |
$94.16 |
$98.39 |
$94.46 |
Urals (EX NOVO) |
$88.23 |
$88.68 |
$86.36 |
$87.81 |
$92.37 |
$88.69 |
Brent Dated |
$92.52 |
$93.27 |
$91.94 |
$93.46 |
$97.66 |
$93.77 |
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