Today.Az » Business » Weekly review of Azerbaijani oil market
14 February 2022 [15:11] - Today.Az
By Trend Azerbaijani oil prices increased last week, Trend reports. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, reached $97.93 per barrel, having grown by $2.54 (2.66 percent) compared to the previous price. The maximum price for Azeri Light CIF oil amounted to $99.14 per barrel, while the minimum price - $96.1. The average price of Azeri LT FOB Ceyhan amounted to $97.08 per barrel last week, up by $2.62 (2.77 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $98.24 per barrel, while the minimum price - $95.19. The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $90.18 per barrel last week, which is $1.49 (1.68 percent) more than in the previous week. The maximum price for URALS oil amounted to $92.13 per barrel, while the minimum price - $88.86. 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 $97.11 per barrel last week, thus increasing by $3.34 (3.56 percent). The maximum price for Brent Dated amounted to $98.2 per barrel, while the minimum price - $95.34. Oil grade/date | Feb. 7, 2022 | Feb. 8, 2022 | Feb. 9, 2022 | Feb. 10, 2022 | Feb. 11, 2022 | Average price | Azeri LT CIF | $99.14 | $96.1 | $97.46 | $98.23 | $98.75 | $97.93 | Azeri Light FOB Ceyhan | $98.24 | $95.19 | $96.62 | $97.42 | $97.93 | $97.08 | Urals (EX NOVO) | $92.13 | $88.86 | $89.81 | $90.08 | $90.03 | $90.18 | Brent Dated | $98.2 | $95.34 | $96.75 | $97.43 | $97.84 | $97.11 |
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