Weekly review of Azerbaijani oil prices
By Trend
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $62.02 per barrel last week (from Feb. 8 through Feb. 12), which is growth by $3.11 (5.3 percent) compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $62.77 per barrel, while the minimum - $61.11.
The average price of Azeri LT FOB Ceyhan amounted to $61.4 per barrel last week, up to $3.13 (5.4 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $62.14 per barrel, while the minimum - $60.49.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $59.06 per barrel, showing an increase of $2.38 (4.2 percent) compared to the previous week.
The maximum price for URALS oil amounted to $59.55 per barrel, while the minimum - $58.31.
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 $61.02 per barrel, which is $2.87 (4.9 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $62.05 per barrel, while the minimum - $59.91.
|
Oil grade/date |
Feb. 8, 2021 |
Feb. 9, 2021 |
Feb. 10, 2021 |
Feb. 11, 2021 |
Feb. 12, 2021 |
Average price |
|
Azeri LT CIF |
$61.11 |
$61.69 |
$62.3 |
$62.24 |
$62.77 |
$62.02 |
|
Azeri Light FOB Ceyhan |
$60.49 |
$61.07 |
$61.69 |
$61.63 |
$62.14 |
$61.4 |
|
Urals (EX NOVO) |
$58.31 |
$58.75 |
$59.38 |
$59.29 |
$59.55 |
$59.06 |
|
Brent Dated |
$59.91 |
$60.6 |
$61.24 |
$61.32 |
$62.05 |
$61.02 |
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