BAKU, Azerbaijan, Mar. 7
By Sadraddin Aghjayev - Trend:
Azerbaijani oil prices fluctuated last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, reached $113.45 per barrel, having grown by $12.41 (12.28 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $118.78 per barrel, while the minimum price - was $102.3.
The average price of Azeri LT FOB Ceyhan amounted to $111.42 per barrel last week, up by $11.3 (11.28 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $116.81 per barrel, while the minimum price - was $100.39.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk totaled $88.83 per barrel last week, which was $1.07 (1.2 percent) less than in the previous week.
The maximum price for URALS oil amounted to $91.53 per barrel, while the minimum price - was $84.13.
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 made up $114.69 per barrel last week, thus increasing by $16.12 (16.35 percent).
The maximum price for Brent Dated amounted to $120.23 per barrel, while the minimum price - $103.2.
Oil grade/date |
Feb. 28, 2022 |
Mar. 1, 2022 |
Mar. 2, 2022 |
Mar. 3, 2022 |
Mar. 4, 2022 |
Average price |
Azeri LT CIF |
$102.3 |
$111.90 |
$116.10 |
$118.17 |
$118.78 |
$113.45 |
Azeri Light FOB Ceyhan |
$100.39 |
$109.76 |
$114.02 |
$116.14 |
$116.81 |
$111.42 |
Urals (EX NOVO) |
$84.13 |
$87.18 |
$91.53 |
$90.53 |
$85.44 |
$88.83 |
Brent Dated |
$103.2 |
$112.92 |
$117.3 |
$119.81 |
$120.23 |
$114.69 |
(1 USD = 1.7 AZN on Mar. 7)
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