Today.Az » Business » Weekly review of Azerbaijani oil market
29 November 2021 [17:49] - Today.Az
By Trend Azerbaijani oil prices decreased last week, Trend reports on Nov. 29. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $81.06 per barrel, having decreased by $1.56 (1.88 percent) compared to the previous price. The maximum price for Azeri Light CIF oil amounted to $83.77 per barrel, while the minimum - $73.91 last week. The average price of Azeri LT FOB Ceyhan amounted to $80.33 per barrel last week, down by $4.12 (4.87 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $83.03 per barrel, while the minimum - $73.22. The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $80.44 per barrel last week, which is $3.85 (4.78 percent) less compared to the previous week. The maximum price for URALS oil amounted to $79.33 per barrel, while the minimum - $69.45. Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline. The average price of Brent Dated amounted to $80.52 per barrel last week, thus decreasing by $1.97 (1.93 percent). The maximum price for Brent Dated amounted to $83.13 per barrel, while the minimum - $73.27. Oil grade/date | Nov. 22, 2021 | Nov. 23, 2021 | Nov. 24, 2021 | Nov. 25, 2021 | Nov. 26, 2021 | Average price | Azeri LT CIF | $81.57 | $83.27 | $83.77 | $82.82 | $73.91 | $81.06 | Azeri Light FOB Ceyhan | $80.80 | $82.53 | $83.03 | $82.08 | $73.22 | $80.33 | Urals (EX NOVO) | $77.06 | $78.80 | $79.33 | $78.33 | $69.45 | $76.59 | Brent Dated | $81.11 | $82.83 | $83.13 | $82.26 | $73.27 | $80.52 |
(1 USD = 1.7 AZN on Nov. 29)
|
