BAKU, Azerbaijan, Feb. 28
By Sadraddin Aghjayev - Trend:
Azerbaijani oil prices varied last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, reached $101.04 per barrel, having grown by $2.31 (2.34 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $106.52 per barrel, while the minimum price - was $97.89.
The average price of Azeri LT FOB Ceyhan amounted to $100.12 per barrel last week, up by $2.21 (2.25 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $105.05 per barrel, while the minimum price - was $97.36.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $88.83 per barrel last week, which is $1.61 (1.81 percent) less than in the previous week.
The maximum price for URALS oil amounted to $91.22 per barrel, while the minimum price - was $90.06.
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 $98.57 per barrel last week, thus increasing by $2.59 (2.62 percent).
The maximum price for Brent Dated amounted to $106.52 per barrel, while the minimum price - $98.98.
Oil grade/date |
Feb. 21, 2022 |
Feb. 22, 2022 |
Feb. 23, 2022 |
Feb. 24, 2022 |
Feb. 25, 2022 |
Average price |
Azeri LT CIF |
$99.34 |
$100.68 |
$100.80 |
$106.52 |
$97.89 |
$101.04 |
Azeri Light FOB Ceyhan |
$98.46 |
$99.80 |
$99.94 |
$105.05 |
$97.36 |
$100.12 |
Urals (EX NOVO) |
$90.77 |
$90.72 |
$90.06 |
$91.22 |
$81.41 |
$88.83 |
Brent Dated |
$98.98 |
$100.34 |
$100.49 |
$106.52 |
$99.50 |
$101.16 |
(1 USD = 1.7 AZN on Feb. 28)
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