Today.Az » Business » Weekly review of Azerbaijani oil market
02 August 2021 [13:35] - Today.Az
By Trend Azerbaijani oil prices notably grew last week, Trend reports. So, the average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $74.84 per barrel, having risen by $3.3 (4.6 percent) compared to the previous price. Last week, the maximum price for Azeri Light CIF oil amounted to $75.86 per barrel, while the minimum - $74.16. The average price of Azeri LT FOB Ceyhan amounted to $74.19 per barrel last week, up by $3.31 (4.7 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $75.22 per barrel, while the minimum - $73.5. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.09 per barrel, higher by $3.18 (4.7 percent) compared to the previous week. The maximum price for URALS oil amounted to $72.06 per barrel, while the minimum - $70.47. 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 $75.24 per barrel, which is $3.43 (4.8 percent) more compared to the previous price. The maximum price for Brent Dated amounted to $76.31 per barrel, while the minimum - $74.66. Oil grade/date | July 26, 2021 | July 27, 2021 | July 28, 2021 | July 29, 2021 | July 30, 2021 | Average price | Azeri LT CIF | $74.16 | $74.38 | $74.43 | $75.36 | $75.86 | $74.84 | Azeri Light FOB Ceyhan | $73.5 | $73.73 | $73.79 | $74.71 | $75.22 | $74.19 | Urals (EX NOVO) | $70.47 | $70.64 | $70.67 | $71.6 | $72.06 | $71.09 | Brent Dated | $74.66 | $74.79 | $74.83 | $75.63 | $76.31 | $75.24 |
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