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, amounted to $62.49 per barrel last week (from Apr.5 through Apr.9), having dropped by $1.15 (1.8 percent) compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $62.98 per barrel, while the minimum - $61.63.
The average price of Azeri LT FOB Ceyhan amounted to $61.76 per barrel last week, decreasing by 92 cents (1.5 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $62.16 per barrel, while the minimum - $60.9.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $59.24 per barrel, falling by $1.12 (1.9 percent) compared to the previous week.
The maximum price for URALS oil amounted to $59.6 per barrel, while the minimum - $58.36.
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 $61.92 per barrel, which is $1.27 (2 percent) less compared to the previous price.
The maximum price for Brent Dated amounted to $62.37 per barrel, while the minimum - $61.03.
|
Oil grade/date |
Apr.5, 2021 |
Apr.6, 2021 |
Apr.7, 2021 |
Apr.8, 2021 |
Apr.9, 2021 |
Average price |
|
Azeri LT CIF |
- |
$62.98 |
$61.63 |
$62.58 |
$62.77 |
$62.49 |
|
Azeri Light FOB Ceyhan |
- |
$62.16 |
$60.9 |
$61.89 |
$62.07 |
$61.76 |
|
Urals (EX NOVO) |
- |
$59.54 |
$58.36 |
$59.47 |
$59.6 |
$59.24 |
|
Brent Dated |
- |
$62.37 |
$61.03 |
$62 |
$62.27 |
$61.92 |
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