Today.Az » Business » Weekly review of Azerbaijani oil market
22 February 2021 [15:38] - Today.Az
By Trend
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $64.15 per barrel last week (from Feb. 15 through Feb. 19), which is growth by $2.13 (3.4 percent) compared to the previous price, Trend reports on Feb. 22. Last week, the maximum price for Azeri Light CIF oil amounted to $64.78 per barrel, while the minimum - $63.68. The average price of Azeri LT FOB Ceyhan amounted to $63.37 per barrel last week, up to $1.97 (3.2 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $63.94 per barrel, while the minimum - $62.87. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $60.83 per barrel, showing an increase of $1.77 (3 percent) compared to the previous week. The maximum price for URALS oil amounted to $61.47 per barrel, while the minimum - $60.26. 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 $63.98 per barrel, which is $2.96 (4.85 percent) more compared to the previous price. The maximum price for Brent Dated amounted to $64.66 per barrel, while the minimum - $63.44. Oil grade/date | Feb. 15, 2021 | Feb. 16, 2021 | Feb. 17, 2021 | Feb. 18, 2021 | Feb. 19, 2021 | Average price | Azeri LT CIF | $64.34 | $63.68 | $64.23 | $64.78 | $63.73 | $64.15 | Azeri Light FOB Ceyhan | $63.7 | $62.92 | $63.4 | $63.94 | $62.87 | $63.37 | Urals (EX NOVO) | $61.09 | $60.41 | $60.92 | $61.47 | $60.26 | $60.83 | Brent Dated | $64.07 | $63.57 | $64.16 | $64.66 | $63.44 | $63.98 |
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