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, made up $73.11 per barrel last week, having risen by $1.58 (2.2 percent) compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $73.98 per barrel, while the minimum - $72.24.
The average price of Azeri LT FOB Ceyhan amounted to $72.48 per barrel last week, increasing by $1.57 (2.3 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $73.34 per barrel, while the minimum - $71.61.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $69.21 per barrel, growing by $0.85 (1.2 percent) compared to the previous week.
The maximum price for URALS oil amounted to $69.83 per barrel, while the minimum - $68.74.
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 $71.32 per barrel, which is $1.38 (2 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $72.05 per barrel, while the minimum - $70.52.
|
Oil grade/date |
June 7, 2021 |
June 8, 2021 |
June 9, 2021 |
June 10, 2021 |
June 11, 2021 |
Average price |
|
Azeri LT CIF |
$72.24 |
$72.65 |
$73.17 |
$73.53 |
$73.98 |
$73.11 |
|
Azeri Light FOB Ceyhan |
$71.61 |
$72.02 |
$72.54 |
$72.89 |
$73.34 |
$72.48 |
|
Urals (EX NOVO) |
$68.78 |
$68.74 |
$69.2 |
$69.48 |
$69.83 |
$69.21 |
|
Brent Dated |
$70.52 |
$70.92 |
$71.39 |
$71.71 |
$72.05 |
$71.32 |
---
Follow us on Twitter @AzerNewsAz