BAKU, Azerbaijan, Aug. 9
By Zeyni Jafarov – Trend:
Azerbaijani oil prices dropped last week, Trend reports.
So, the average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $72.11 per barrel, having fallen by $2.73 (3.6 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $73.48 per barrel, while the minimum - $70.92.
The average price of Azeri LT FOB Ceyhan amounted to $71.48 per barrel last week, down by $2.73 (3.7 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $72.85 per barrel, while the minimum - $70.29.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $68.89 per barrel, which is $2.2 (3.1 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $70.36 per barrel, while the minimum - $67.68.
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 $72.54 per barrel, which is $2.7 (3.6 percent) less compared to the previous price.
The maximum price for Brent Dated amounted to $73.95 per barrel, while the minimum - $71.27.
Oil grade/date |
August 2, 2021 |
August 3, 2021 |
August 4, 2021 |
August 5, 2021 |
August 6, 2021 |
Average price |
Azeri LT CIF |
$73.48 |
$72.86 |
$71.55 |
$71.75 |
$70.92 |
$72.11 |
Azeri Light FOB Ceyhan |
$72.85 |
$72.24 |
$70.92 |
$71.12 |
$70.29 |
$71.48 |
Urals (EX NOVO) |
$70.36 |
$69.73 |
$68.47 |
$68.2 |
$67.68 |
$68.89 |
Brent Dated |
$73.95 |
$73.4 |
$71.92 |
$72.14 |
$71.27 |
$72.54 |
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