Weekly review of Azerbaijan's oil market
By Trend
Azerbaijani oil prices have fluctuated this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $107.79 per barrel, having risen by $2.24 (2.12 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $112.62 per barrel, while the minimum price – was $102.1.
The average price of Azeri LT FOB Ceyhan totaled $106.48 per barrel this week, down by 28 cents (0.26 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $111.39 per barrel, while the minimum price was $100.66.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $66.85 per barrel this week, which was 49 cents (0.74 percent) more than in the previous week.
The maximum price for URALS oil amounted to $71.66 per barrel, while the minimum price – was $60.78.
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 $103.31 per barrel this week, thus reducing by 94 cents (0.9 percent).
The maximum price for Brent Dated amounted to $108.16 per barrel, while the minimum price – was $97.55.
|
Oil grade/date |
Apr. 25, 2022 |
Apr. 26, 2022 |
Apr. 27, 2022 |
Apr. 28, 2022 |
Apr. 29, 2022 |
Average price |
|
Azeri LT CIF |
$102.1 |
$106.72 |
$107.34 |
$110.17 |
$112.62 |
$107.79 |
|
Azeri Light FOB Ceyhan |
$100.66 |
$105.38 |
$106.05 |
$108.95 |
$111.39 |
$106.48 |
|
Urals (EX NOVO) |
$60.78 |
$65.55 |
$66.80 |
$69.48 |
$71.66 |
$66.85 |
|
Brent Dated |
$97.55 |
$102.23 |
$102.9 |
$105.73 |
$108.16 |
$103.31 |
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