Today.Az » Business » Weekly review of Azerbaijani oil market
20 September 2021 [15:34] - Today.Az
By Trend Azerbaijani oil prices notably increased last week, Trend reports on Sept.20. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $75.66 per barrel, having grown by $2.66 (3.6 percent) compared to the previous price. Last week, the maximum price for Azeri Light CIF oil amounted to $77.19 per barrel, while the minimum - $73.98. The average price of Azeri LT FOB Ceyhan amounted to $74.93 per barrel last week, up by $2.6 (3.6 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $76.52 per barrel, while the minimum - $73.32. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71.21 per barrel, which is $1.02 (1.5 percent) more compared to the previous week. The maximum price for URALS oil amounted to $72.27 per barrel, while the minimum - $70.51. 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 $73.88 per barrel, which is $1.62 (2.2 percent) more compared to the previous price. The maximum price for Brent Dated amounted to $75.17 per barrel, while the minimum - $72.84. Oil grade/date | Sept.13, 2021 | Sept.14, 2021 | Sept.15, 2021 | Sept.16, 2021 | Sept.17, 2021 | Average price | Azeri LT CIF | $73.98 | $74.26 | $77.19 | $76.13 | $76.73 | $75.66 | Azeri Light FOB Ceyhan | $73.32 | $73.59 | $76.52 | $75.12 | $76.08 | $74.93 | Urals (EX NOVO) | $70.63 | $70.51 | $72.27 | $71.25 | $71.37 | $71.21 | Brent Dated | $72.84 | $73.1 | $75.17 | $74.06 | $74.25 | $73.88 |
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