BAKU, Azerbaijan, Sept.14
By Zeyni Jafarov – Trend:
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $41.05 per barrel last week (from September 7 through September 11), which is $3.3 (7.4 percent) less compared to the previous price, Trend reports on Sept.14.
Last week, the maximum price for Azeri Light CIF oil amounted to $42.32 per barrel, while the minimum - $40.3.
The average price of Brent Dated reference grade oil amounted to $39.45 per barrel last week, down $3.08 (7.2 percent) compared to the previous indicator.
The maximum price for Brent Dated oil amounted to $40.5 per barrel, while the minimum - $38.51.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $39.11 per barrel, which is $3.68 (8.6 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $40.52 per barrel, while the minimum - $38.39.
Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.
Last week, the average price of Azeri LT FOB Ceyhan amounted to $40.52 per barrel, which is $3.28 (7.5 percent) less compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $41.78 per barrel, while the minimum - $39.76.
Oil grade/date |
Sept. 7, 2020 |
Sept. 8, 2020 |
Sept. 9, 2020 |
Sept. 10, 2020 |
Sept. 11, 2020 |
Average price |
Azeri LT CIF |
$42.32 |
$40.3 |
$41.26 |
$40.89 |
$40.5 |
$41.05 |
Azeri Light FOB Ceyhan |
$41.78 |
$39.76 |
$40.73 |
$40.36 |
$39.97 |
$40.52 |
Urals (EX NOVO) |
$40.52 |
$38.44 |
$39.39 |
$38.83 |
$38.39 |
$39.11 |
Brent Dated |
$40.5 |
$38.51 |
$39.75 |
$39.44 |
$39.05 |
$39.45 |
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