BAKU, Azerbaijan, Mar.1
By Zeyni Jafarov – Trend:
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $65.88 per barrel last week (from Feb. 22 through Feb. 26), which is growth by $1.73 (2.7 percent) compared to the previous price, Trend reports on Mar.1.
Last week, the maximum price for Azeri Light CIF oil amounted to $66.98 per barrel, while the minimum - $64.57.
The average price of Azeri LT FOB Ceyhan amounted to $64.98 per barrel last week, up to $1.61 (2.5 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $66.09 per barrel, while the minimum - $63.67.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $62.23 per barrel, showing an increase of $1.4 (2.3 percent) compared to the previous week.
The maximum price for URALS oil amounted to $63.3 per barrel, while the minimum - $60.79.
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 $65.75 per barrel, which is $1.77 (2.8 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $66.81 per barrel, while the minimum - $64.25.
Oil grade/date |
Feb. 22, 2021 |
Feb. 23, 2021 |
Feb. 24, 2021 |
Feb. 25, 2021 |
Feb. 26, 2021 |
Average price |
Azeri LT CIF |
$64.57 |
$65.12 |
$66.77 |
$66.98 |
$65.96 |
$65.88 |
Azeri Light FOB Ceyhan |
$63.67 |
$64.22 |
$65.87 |
$66.09 |
$65.07 |
$64.98 |
Urals (EX NOVO) |
$60.79 |
$61.44 |
$63.08 |
$63.3 |
$62.55 |
$62.23 |
Brent Dated |
$64.25 |
$65.08 |
$66.68 |
$66.81 |
$65.92 |
$65.75 |
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