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 $76.13 per barrel last week, having risen by $1.06 (1.4 percent) compared to the previous price, Trend reports.

Last week, the maximum price for Azeri Light CIF oil amounted to $76.77 per barrel, while the minimum - $75.29.

The average price of Azeri LT FOB Ceyhan amounted to $75.4 per barrel last week, increasing by 98 cents (1.3 percent) compared to the previous indicator.

The maximum price for Azeri LT FOB Ceyhan amounted to $76.03 per barrel, while the minimum - $74.58.

Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $72.58 per barrel, growing by $4.61 (6.4 percent) compared to the previous week.

The maximum price for URALS oil amounted to $73.16 per barrel, while the minimum - $71.74.

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 $75.44 per barrel, which is 85 cents (2.22 percent) more compared to the previous price.

The maximum price for Brent Dated amounted to $75.87 per barrel, while the minimum - $74.29.