BAKU, Azerbaijan, Aug.2
By Zeyni Jafarov – Trend:
Azerbaijani oil prices notably grew last week, Trend reports.
So, the average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $74.84 per barrel, having risen by $3.3 (4.6 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $75.86 per barrel, while the minimum - $74.16.
The average price of Azeri LT FOB Ceyhan amounted to $74.19 per barrel last week, up by $3.31 (4.7 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $75.22 per barrel, while the minimum - $73.5.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.09 per barrel, higher by $3.18 (4.7 percent) compared to the previous week.
The maximum price for URALS oil amounted to $72.06 per barrel, while the minimum - $70.47.
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 $75.24 per barrel, which is $3.43 (4.8 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $76.31 per barrel, while the minimum - $74.66.
Oil grade/date |
July 26, 2021 |
July 27, 2021 |
July 28, 2021 |
July 29, 2021 |
July 30, 2021 |
Average price |
Azeri LT CIF |
$74.16 |
$74.38 |
$74.43 |
$75.36 |
$75.86 |
$74.84 |
Azeri Light FOB Ceyhan |
$73.5 |
$73.73 |
$73.79 |
$74.71 |
$75.22 |
$74.19 |
Urals (EX NOVO) |
$70.47 |
$70.64 |
$70.67 |
$71.6 |
$72.06 |
$71.09 |
Brent Dated |
$74.66 |
$74.79 |
$74.83 |
$75.63 |
$76.31 |
$75.24 |
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