BAKU, Azerbaijan, Nov. 30
By Zeyni Jafarov – Trend:
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $47.95 per barrel last week (from November 23 through November 27), which is $3.57 (8 percent) more compared to the previous price, Trend reports on Nov. 30.
Last week, the maximum price for Azeri Light CIF oil amounted to $48.73 per barrel, while the minimum - $46.28.
The average price of Azeri LT FOB Ceyhan amounted to $47.41 per barrel last week, up by $3.56 (8.1 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $48.19 per barrel, while the minimum - $45.74.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $46.75 per barrel, which is $3.55 more (8.2 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $47.3 per barrel, while the minimum - $45.32.
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 Brent Dated amounted to $46.41 per barrel, which is $3.43 (8 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $47.03 per barrel, while the minimum - $44.94.
Oil grade/date |
Nov. 23, 2020 |
Nov. 24, 2020 |
Nov. 25, 2020 |
Nov. 26, 2020 |
Nov. 27, 2020 |
Average price |
Azeri LT CIF |
$46.28 |
$48.07 |
$48.37 |
$48.28 |
$48.73 |
$47.95 |
Azeri Light FOB Ceyhan |
$45.74 |
$47.54 |
$47.83 |
$47.74 |
$48.19 |
$47.41 |
Urals (EX NOVO) |
$45.32 |
$46.98 |
$47.23 |
$46.94 |
$47.3 |
$46.75 |
Brent Dated |
$44.94 |
$46.78 |
$46.74 |
$46.57 |
$47.03 |
$46.41 |
(1 USD = 1.7 AZN on Nov. 30)
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