BAKU, Azerbaijan, July 25. Azerbaijani oil prices increased last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $118.96 per barrel, having increased by $3.27 (2.83 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $124.74 per barrel, while the minimum price – was $115.42.
The average price of Azeri LT FOB Ceyhan totaled $116.91 per barrel last week, up by $2.7 (2.36 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $119.94 per barrel, while the minimum price was $113.18.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $69.89 per barrel this week, which was $1.91 (2.81 percent) more than in the previous week.
The maximum price for URALS oil amounted to $72.49 per barrel, while the minimum price – was $67.66.
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 $112.62 per barrel last week, thus growing by $2.81 (2.56 percent).
The maximum price for Brent Dated amounted to $115.08 per barrel, while the minimum price – was $110.22.
|
Oil grade/date |
July 18 |
July 19 |
July 20 |
July 21 |
July 22 |
Average price |
|
Azeri LT CIF |
$121.74 |
$120.21 |
$120.53 |
$116.88 |
$115.42 |
$118.96 |
|
Azeri Light FOB Ceyhan |
$119.94 |
$118.26 |
$118.5 |
$114.69 |
$113.18 |
$116.91 |
|
Urals (EX NOVO) |
$72.49 |
$70.64 |
$70.83 |
$67.66 |
$67.86 |
$69.89 |
|
Brent Dated |
$115.08 |
$113.46 |
$113.74 |
$110.62 |
$110.22 |
$112.62 |