Today.Az » Business » Weekly review of Azerbaijani oil market
06 September 2021 [17:15] - Today.Az
By Trend Azerbaijani oil prices increased last week, Trend reports on Sept.6. So, the average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $72.76 per barrel, having grown by $2.62 (3.7 percent) compared to the previous price. Last week, the maximum price for Azeri Light CIF oil amounted to $73.96 per barrel, while the minimum - $71.32. The average price of Azeri LT FOB Ceyhan amounted to $72.07 per barrel last week, up by $2.61 (3.8 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $73.28 per barrel, while the minimum - $70.63. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $69.31 per barrel, which is $2.53 (3.8 percent) more compared to the previous week. The maximum price for URALS oil amounted to $70.5 per barrel, while the minimum - $67.81. 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 $72.81 per barrel, which is $2.03 (3.2 percent) more compared to the previous price. The maximum price for Brent Dated amounted to $73.97 per barrel, while the minimum - $71.36.
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