Today.Az » Business » Weekly review of Azerbaijani oil market
12 July 2021 [16:17] - Today.Az
By Trend The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $75.99 per barrel last week, having declined by 44 cents (0.6 percent) compared to the previous price, Trend reports. Last week, the maximum price for Azeri Light CIF oil amounted to $78.35 per barrel, while the minimum - $74.14. The average price of Azeri LT FOB Ceyhan amounted to $75.32 per barrel last week, decreasing by 46 cents (0.6 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $77.71 per barrel, while the minimum - $73.46. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.71 per barrel, lowering by $1.18 (1.6 percent) compared to the previous week. The maximum price for URALS oil amounted to $74.42 per barrel, while the minimum - $69.43. 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 $76.12 per barrel, which is 32 cents (0.4 percent) less compared to the previous price. The maximum price for Brent Dated amounted to $78.39 per barrel, while the minimum - $74.2. Oil grade/date | July 5, 2021 | July 6, 2021 | July 7, 2021 | July 8, 2021 | July 9, 2021 | Average price | Azeri LT CIF | $78.35 | $76.08 | $74.14 | $74.6 | $76.77 | $75.99 | Azeri Light FOB Ceyhan | $77.71 | $75.44 | $73.46 | $73.92 | $76.09 | $75.32 | Urals (EX NOVO) | $74.42 | $72.04 | $69.43 | $70.07 | $72.6 | $71.71 | Brent Dated | $78.39 | $76.12 | $74.2 | $74.89 | $77.01 | $76.12 |
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