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Weekly review of Azerbaijani oil prices

15 February 2021 13:43 (UTC+04:00)
1 093

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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