BAKU, Azerbaijan, Aug. 23
By Zeyni Jafarov – Trend:
Azerbaijani oil prices decreased last week, Trend reports on Aug.23.
So, the average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $67.85 per barrel, having reduced by $2.59 (3.7 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $69.71 per barrel, while the minimum - $65.41.
The average price of Azeri LT FOB Ceyhan amounted to $67.19 per barrel last week, down by $2.61 (3.7 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $69.06 per barrel, while the minimum - $64.73.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $64.35 per barrel, which is $2.78 (4.1 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $66.19 per barrel, while the minimum - $61.87.
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 $68.58 per barrel, which is $2.46 (3.5 percent) less compared to the previous price.
The maximum price for Brent Dated amounted to $70.38 per barrel, while the minimum - $66.17.
Oil grade/date |
Aug. 16, 2021 |
Aug. 17, 2021 |
Aug. 18, 2021 |
Aug. 19, 2021 |
Aug. 20, 2021 |
Average price |
Azeri LT CIF |
$69.52 |
$69.71 |
$68.99 |
$65.41 |
$65.64 |
$67.85 |
Azeri Light FOB Ceyhan |
$68.87 |
$69.06 |
$68.33 |
$64.73 |
$64.95 |
$67.19 |
Urals (EX NOVO) |
$65.98 |
$66.19 |
$65.52 |
$61.87 |
$62.18 |
$64.35 |
Brent Dated |
$70.15 |
$70.38 |
$69.75 |
$66.17 |
$66.44 |
$68.58 |
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