Today.Az » Business » Weekly review of Azerbaijan's oil market
30 April 2022 [15:17] - Today.Az
By Trend Azerbaijani oil prices have fluctuated this week, Trend reports. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $107.79 per barrel, having risen by $2.24 (2.12 percent) compared to the previous price. The maximum price for Azeri Light CIF oil amounted to $112.62 per barrel, while the minimum price – was $102.1. The average price of Azeri LT FOB Ceyhan totaled $106.48 per barrel this week, down by 28 cents (0.26 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $111.39 per barrel, while the minimum price was $100.66. The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $66.85 per barrel this week, which was 49 cents (0.74 percent) more than in the previous week. The maximum price for URALS oil amounted to $71.66 per barrel, while the minimum price – was $60.78. 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 $103.31 per barrel this week, thus reducing by 94 cents (0.9 percent). The maximum price for Brent Dated amounted to $108.16 per barrel, while the minimum price – was $97.55. Oil grade/date | Apr. 25, 2022 | Apr. 26, 2022 | Apr. 27, 2022 | Apr. 28, 2022 | Apr. 29, 2022 | Average price | Azeri LT CIF | $102.1 | $106.72 | $107.34 | $110.17 | $112.62 | $107.79 | Azeri Light FOB Ceyhan | $100.66 | $105.38 | $106.05 | $108.95 | $111.39 | $106.48 | Urals (EX NOVO) | $60.78 | $65.55 | $66.80 | $69.48 | $71.66 | $66.85 | Brent Dated | $97.55 | $102.23 | $102.9 | $105.73 | $108.16 | $103.31 |
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