BAKU, Azerbaijan, Aug. 16
By Zeyni Jafarov – Trend:
Azerbaijani oil prices decreased last week, Trend reports on Aug.16.
So, the average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $70.44 per barrel, having reduced by $1.67 (2.3 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $71.08 per barrel, while the minimum - $68.96.
The average price of Azeri LT FOB Ceyhan amounted to $69.8 per barrel last week, down by $1.68 (2.4 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $70.42 per barrel, while the minimum - $68.33.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $67.13 per barrel, which is $1.76 (2.6 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $67.83 per barrel, while the minimum - $65.76.
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 $71.04 per barrel, which is $1.5 (2.1 percent) less compared to the previous price.
The maximum price for Brent Dated amounted to $71.69 per barrel, while the minimum - $69.61.
Oil grade/date |
Aug.9, 2021 |
Aug.10, 2021 |
Aug. 11, 2021 |
Aug. 12, 2021 |
Aug. 13, 2021 |
Average price |
Azeri LT CIF |
$68.96 |
$70.97 |
$70.17 |
$71.08 |
$71.02 |
$70.44 |
Azeri Light FOB Ceyhan |
$68.33 |
$70.34 |
$69.53 |
$70.42 |
$70.37 |
$69.8 |
Urals (EX NOVO) |
$65.76 |
$67.83 |
$66.81 |
$67.57 |
$67.68 |
$67.13 |
Brent Dated |
$69.61 |
$71.69 |
$70.69 |
$71.62 |
$71.58 |
$71.04 |
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