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By Trend
Azerbaijani oil prices decreased last week, Trend reports on Aug.23.
So, the average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $67.85 per barrel, having reduced by $2.59 (3.7 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $69.71 per barrel, while the minimum - $65.41.
The average price of Azeri LT FOB Ceyhan amounted to $67.19 per barrel last week, down by $2.61 (3.7 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $69.06 per barrel, while the minimum - $64.73.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $64.35 per barrel, which is $2.78 (4.1 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $66.19 per barrel, while the minimum - $61.87.
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 $68.58 per barrel, which is $2.46 (3.5 percent) less compared to the previous price.
The maximum price for Brent Dated amounted to $70.38 per barrel, while the minimum - $66.17.
Oil grade/date | Aug. 16, 2021 | Aug. 17, 2021 | Aug. 18, 2021 | Aug. 19, 2021 | Aug. 20, 2021 | Average price |
Azeri LT CIF | $69.52 | $69.71 | $68.99 | $65.41 | $65.64 | $67.85 |
Azeri Light FOB Ceyhan | $68.87 | $69.06 | $68.33 | $64.73 | $64.95 | $67.19 |
Urals (EX NOVO) | $65.98 | $66.19 | $65.52 | $61.87 | $62.18 | $64.35 |
Brent Dated | $70.15 | $70.38 | $69.75 | $66.17 | $66.44 | $68.58 |