Weekly review of Azerbaijani oil market
By Trend
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $76.43 per barrel last week, having risen by 30 cents (0.4 percent) compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $77.49 per barrel, while the minimum - $75.56.
The average price of Azeri LT FOB Ceyhan amounted to $75.78 per barrel last week, increasing by 38 cents (0.5 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $76.86 per barrel, while the minimum - $74.87.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $72.89 per barrel, growing by 31 cents (0.4 percent) compared to the previous week.
The maximum price for URALS oil amounted to $73.81 per barrel, while the minimum - $71.98.
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 $76.44 per barrel, which is $1 (1.3 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $77.62 per barrel, while the minimum - $75.17.
|
Oil grade/date |
June 28, 2021 |
June 29, 2021 |
June 30, 2021 |
July 1, 2021 |
July 2, 2021 |
Average price |
|
Azeri LT CIF |
$75.56 |
$76.05 |
$75.95 |
$77.11 |
$77.49 |
$76.43 |
|
Azeri Light FOB Ceyhan |
$74.87 |
$75.39 |
$75.3 |
$76.48 |
$76.86 |
$75.78 |
|
Urals (EX NOVO) |
$71.98 |
$72.62 |
$72.52 |
$73.81 |
$73.51 |
$72.89 |
|
Brent Dated |
$75.17 |
$75.95 |
$76.19 |
$77.26 |
$77.62 |
$76.44 |
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