Today.Az » Business » Weekly review of Azerbaijani oil market
20 September 2021 [15:34] - Today.Az
Azerbaijani oil prices notably increased last week, Trend reports on Sept.20.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $75.66 per barrel, having grown by $2.66 (3.6 percent) compared to the previous price.
Last week, the maximum price for Azeri Light CIF oil amounted to $77.19 per barrel, while the minimum - $73.98.
The average price of Azeri LT FOB Ceyhan amounted to $74.93 per barrel last week, up by $2.6 (3.6 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $76.52 per barrel, while the minimum - $73.32.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.21 per barrel, which is $1.02 (1.5 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $72.27 per barrel, while the minimum - $70.51.
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 $73.88 per barrel, which is $1.62 (2.2 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $75.17 per barrel, while the minimum - $72.84.
Azeri LT CIF
Azeri Light FOB Ceyhan
Urals (EX NOVO)