Azerbaijani oil prices decreased last week, TurkicWorld reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $71.10 per barrel, having decreased by $9.96 (12.28 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $77.19 per barrel, while the minimum - $73.26
The average price of Azeri LT FOB Ceyhan amounted to $75.31 per barrel last week, down by $5.02 (6.25 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $76.41 per barrel, while the minimum - $72.50.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.85 per barrel last week, which is $8.59 (10.67 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $72.97 per barrel, while the minimum - $69.30.
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 $74.66 per barrel last week, thus decreasing by $5.86 (7.95 percent).
The maximum price for Brent Dated amounted to $75.81 per barrel, while the minimum - $72.19.
Oil grade/date |
Dec. 6, 2021 |
Dec. 7, 2021 |
Dec. 8, 2021 |
Dec. 9, 2021 |
Dec. 10, 2021 |
Average price |
Azeri LT CIF |
$73,26 |
$77,00 |
$77,19 |
$76,83 |
$76,24 |
$71,10 |
Azeri Light FOB Ceyhan |
$72,50 |
$76,23 |
$76,41 |
$76,03 |
$75,42 |
$75,31 |
Urals (EX NOVO) |
$69,30 |
$72,97 |
$72,90 |
$72,37 |
$71,74 |
$71,85 |
Brent Dated |
$72,19 |
$75,81 |
$75,74 |
$75,25 |
$74,32 |
$74,66 |