Today.Az » Business » Weekly review of Azerbaijani oil market
21 February 2022 [14:59] - Today.Az
By Trend Azerbaijani oil prices increased last week, Trend reports. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, reached $98.73 per barrel, having grown by $0.8 (0.81 percent) compared to the previous price. The maximum price for Azeri Light CIF oil amounted to $100.76 per barrel, while the minimum price - $97.63. The average price of Azeri LT FOB Ceyhan amounted to $97.91 per barrel last week, up by $0.83 (0.85 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $99.96 per barrel, while the minimum price - $96.82. The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $90.44 per barrel last week, which is $0.26 (0.3 percent) more than in the previous week. The maximum price for URALS oil amounted to $92.55 per barrel, while the minimum price - $88.96. Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline. The average price of Brent Dated amounted to $98.57 per barrel last week, thus increasing by $1.46 (1.5 percent). The maximum price for Brent Dated amounted to $100.8 per barrel, while the minimum price - $97.31. Oil grade/date | Feb. 14, 2022 | Feb. 15, 2022 | Feb. 16, 2022 | Feb. 17, 2022 | Feb.18, 2022 | Average price | Azeri LT CIF | $99.70 | $97.63 | $100.76 | $97.68 | $97.89 | $98.73 | Azeri Light FOB Ceyhan | $98.88 | $96.82 | $99.96 | $96.87 | $97.04 | $97.91 | Urals (EX NOVO) | $91.47 | $90.00 | $92.55 | $88.96 | $89.21 | $90.44 | Brent Dated | $99.72 | $97.66 | $100.80 | $97.31 | $97.35 | $98.57 |
(1 USD = 1.7 AZN on Feb. 21)
|
