Today.Az » Business » Weekly review of Azerbaijan's oil market
16 April 2022 [16:11] - Today.Az
By Trend Azerbaijani oil prices have risen this week, Trend reports. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $108.61 per barrel, having increased by 57 cents (0.52 percent) compared to the previous price. The maximum price for Azeri Light CIF oil amounted to $110.72 per barrel, while the minimum price – was $102.63. The average price of Azeri LT FOB Ceyhan totaled $106.56 per barrel this week, down by 45 cents (0.42 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $108.71 per barrel, while the minimum price – was $100.55. The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $65.8 per barrel this week, which was 38 cents (0.57 percent) more than in the previous week. The maximum price for URALS oil amounted to $68.2 per barrel, while the minimum price – was $60. 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 made up $104.72 per barrel this week, thus growing by 79 cents (0.76 percent). The maximum price for Brent Dated amounted to $106.64 per barrel, while the minimum price – $98.5. Oil grade/date | Apr. 11, 2022 | Apr. 12, 2022 | Apr. 13, 2022 | Apr. 14, 2022 | Apr. 15, 2022 | Average price | Azeri LT CIF | $102.63 | $109.11 | $110.72 | $110.3 | $110.3 | $108.61 | Azeri Light FOB Ceyhan | $100.55 | $107.01 | $108.71 | $108.28 | $108.28 | $106.56 | Urals (EX NOVO) | $60.00 | $66.45 | $68.20 | $68.12 | $68.12 | $66.18 | Brent Dated | $98.50 | $105.33 | $106.64 | $106.57 | $106.57 | $104.72 |
---
|