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By Trend
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $47.95 per barrel last week (from November 23 through November 27), which is $3.57 (8 percent) more compared to the previous price, Trend reports on Nov. 30.
Last week, the maximum price for Azeri Light CIF oil amounted to $48.73 per barrel, while the minimum - $46.28.
The average price of Azeri LT FOB Ceyhan amounted to $47.41 per barrel last week, up by $3.56 (8.1 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $48.19 per barrel, while the minimum - $45.74.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $46.75 per barrel, which is $3.55 more (8.2 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $47.3 per barrel, while the minimum - $45.32.
Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.
Last week, the average price of Brent Dated amounted to $46.41 per barrel, which is $3.43 (8 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $47.03 per barrel, while the minimum - $44.94.
Oil grade/date | Nov. 23, 2020 | Nov. 24, 2020 | Nov. 25, 2020 | Nov. 26, 2020 | Nov. 27, 2020 | Average price |
Azeri LT CIF | $46.28 | $48.07 | $48.37 | $48.28 | $48.73 | $47.95 |
Azeri Light FOB Ceyhan | $45.74 | $47.54 | $47.83 | $47.74 | $48.19 | $47.41 |
Urals (EX NOVO) | $45.32 | $46.98 | $47.23 | $46.94 | $47.3 | $46.75 |
Brent Dated | $44.94 | $46.78 | $46.74 | $46.57 | $47.03 | $46.41 |