BAKU, Azerbaijan, Dec.21
By Zeyni Jafarov – Trend:
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $51.66 per barrel last week (from December 14 to December 18), which is $1.55 (3.1 percent) more compared to the previous price, Trend reports on Dec.14.
Last week, the maximum price for Azeri Light CIF oil amounted to $52.79 per barrel, while the minimum - $50.35.
The average price of Azeri LT FOB Ceyhan amounted to $51.09 per barrel last week, up by $1.51 (3 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $52.21 per barrel, while the minimum - $49.81.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $49.33 per barrel, which is 73 cents (1.5 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $50.09 per barrel, while the minimum - $48.51.
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 $50.85 per barrel, which is $1.47 (3 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $51.97 per barrel, while the minimum - $49.59.
Oil grade/date |
Dec. 14, 2020 |
Dec. 15, 2020 |
Dec 16, 2020 |
Dec. 17, 2020 |
Dec. 18, 2020 |
Average price |
Azeri LT CIF |
$50.35 |
$51.44 |
$51.52 |
$52.19 |
$52.79 |
$51.66 |
Azeri Light FOB Ceyhan |
$49.81 |
$50.9 |
$50.94 |
$51.61 |
$52.21 |
$51.09 |
Urals (EX NOVO) |
$48.51 |
$49.39 |
$48.99 |
$49.66 |
$50.09 |
$49.33 |
Brent Dated |
$49.59 |
$50.68 |
$50.65 |
$51.36 |
$51.97 |
$50.85 |
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