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By Trend
The price of Azeri Light, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $42.18 per barrel last week (on June 15-19), which is 81 cents or 1.9 percent more compared to the previous price, Trend reports on June 22.
Last week, the maximum price for Azeri Light period amounted to $43.94 per barrel, while the minimum - $40.37.
The average price of Brent Dated reference grade oil amounted to $40.64 per barrel last week, which is $1.24 or 1.03 percent more compared to the previous indicator.
The maximum price for Brent Dated oil amounted to $42.7 per barrel, while the minimum - $38.64.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $41.79 per barrel, which is 90 cents or 1.02 percent more compared to the previous week.
The maximum price for URALS oil amounted to $43.81 per barrel, while the minimum - $39.82.
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 Azeri LT FOB Ceyhan amounted to $41.65 per barrel, which is 85 cents or 1.02 percent more compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $43.42 per barrel, while the minimum - $39.82.
Oil grade/date | June 15, 2020 | June 16, 2020 | June 17, 2020 | June 18, 2020 | June 19, 2020 | Average price |
LT CIF | 40.37 | 41.71 | 42.04 | 42.86 | 43.94 | 42.18 |
FOB Ceyhan | 39.82 | 41.18 | 41.5 | 42.32 | 43.42 | 41.65 |
Urals (EX NOVO) | 39.82 | 41.2 | 41.5 | 42.6 | 43.81 | 41.79 |
Brent Dated | 38.64 | 40.08 | 40.33 | 41.43 | 42.7 | 40.64 |