BAKU, Azerbaijan, Jan. 11
By Zeyni Jafarov – Trend:
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $53.81 per barrel last week (from Jan.4 to Jan. 8), which is $2.65 (5.2 percent) more compared to the previous price, Trend reports on Jan. 11.
Last week, the maximum price for Azeri Light CIF oil amounted to $55.76 per barrel, while the minimum - $50.92.
The average price of Azeri LT FOB Ceyhan amounted to $53.23 per barrel last week, up by $2.65 (5.2 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $55.2 per barrel, while the minimum - $50.34.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $51.51 per barrel, which is $5.41 (11.7 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $53.56 per barrel, while the minimum - $48.48.
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 $53.28 per barrel, which is $2.64 (5.2 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $55.29 per barrel, while the minimum - $50.34.
Oil grade/date |
Jan.4, 2020 |
Jan.5, 2020 |
Jan.6, 2020 |
Jan.7, 2020 |
Jan.8, 2021 |
Average price |
Azeri LT CIF |
$50.92 |
$52.94 |
$54.73 |
$54.7 |
$55.76 |
$53.81 |
Azeri Light FOB Ceyhan |
$50.34 |
$52.36 |
$54.15 |
$54.12 |
$55.2 |
$53.23 |
Urals (EX NOVO) |
$48.48 |
$50.55 |
$52.5 |
$52.46 |
$53.56 |
$51.51 |
Brent Dated |
$50.34 |
$52.41 |
$54.23 |
$54.15 |
$55.29 |
$53.28 |
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