Weekly review of Azerbaijan's oil market
By Trend
Azerbaijani oil prices have dropped this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $108.04 per barrel, having declined by $6 (5.26 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $112.42 per barrel, while the minimum price - was $102.69.
The average price of Azeri LT FOB Ceyhan amounted to $106.11 per barrel this week, down by $6.77 (5.99 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $110.89 per barrel, while the minimum price - was $100.6.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk totaled $65.8 per barrel this week, which was $11.1 (14.43 percent) less than in the previous week.
The maximum price for URALS oil amounted to $70.85 per barrel, while the minimum price - was $60.05.
Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.
The average price of Brent Dated made up $103.93 per barrel this week, thus decreasing by $8.75 (7.76 percent).
The maximum price for Brent Dated amounted to $108.73 per barrel, while the minimum price - $98.28.
|
Oil grade/date |
Apr. 4, 2022 |
Apr. 5, 2022 |
Apr. 6, 2022 |
Apr. 7, 2022 |
Apr. 8, 2022 |
Average price |
|
Azeri LT CIF |
$112.42 |
$111.62 |
$108.62 |
$102.69 |
$104.85 |
$108.04 |
|
Azeri Light FOB Ceyhan |
$110.89 |
$109.79 |
$106.53 |
$100.60 |
$102.77 |
$106.11 |
|
Urals (EX NOVO) |
$70.85 |
$69.46 |
$66.34 |
$60.05 |
$62.30 |
$65.80 |
|
Brent Dated |
$108.73 |
$107.68 |
$104.52 |
$98.28 |
$100.43 |
$103.93 |
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