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 $75.99 per barrel last week, having declined by 44 cents (0.6 percent) compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $78.35 per barrel, while the minimum - $74.14.
The average price of Azeri LT FOB Ceyhan amounted to $75.32 per barrel last week, decreasing by 46 cents (0.6 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $77.71 per barrel, while the minimum - $73.46.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.71 per barrel, lowering by $1.18 (1.6 percent) compared to the previous week.
The maximum price for URALS oil amounted to $74.42 per barrel, while the minimum - $69.43.
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 $76.12 per barrel, which is 32 cents (0.4 percent) less compared to the previous price.
The maximum price for Brent Dated amounted to $78.39 per barrel, while the minimum - $74.2.
Oil grade/date |
July 5, 2021 |
July 6, 2021 |
July 7, 2021 |
July 8, 2021 |
July 9, 2021 |
Average price |
Azeri LT CIF |
$78.35 |
$76.08 |
$74.14 |
$74.6 |
$76.77 |
$75.99 |
Azeri Light FOB Ceyhan |
$77.71 |
$75.44 |
$73.46 |
$73.92 |
$76.09 |
$75.32 |
Urals (EX NOVO) |
$74.42 |
$72.04 |
$69.43 |
$70.07 |
$72.6 |
$71.71 |
Brent Dated |
$78.39 |
$76.12 |
$74.2 |
$74.89 |
$77.01 |
$76.12 |
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