BAKU, Azerbaijan, Feb. 14
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 |