Today.Az » Business » Weekly review of Azerbaijani oil market
01 November 2021 [15:52] - Today.Az
By 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, made up $87.23 per barrel, having grown by 82 cents (0.95 percent) compared to the previous price. Last week, the maximum price for Azeri Light CIF oil amounted to $88.19 per barrel, while the minimum - $85.78. The average price of Azeri LT FOB Ceyhan amounted to $86.1 per barrel last week, up by 49 cents (0.6 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $87.25 per barrel, while the minimum - $84.83. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $82 per barrel, which is $1.07 (1.3 percent) more compared to the previous week. The maximum price for URALS oil amounted to $83.05 per barrel, while the minimum - $80.89. 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 $84.69 per barrel, remaining unchanged. The maximum price for Brent Dated amounted to $86.12 per barrel, while the minimum - $83.41. Oil grade/date | Oct.25, 2021 | Oct.26, 2021 | Oct.27, 2021 | Oct.28, 2021 | Oct.29, 2021 | Average price | Azeri LT CIF | $88.19 | $88.17 | $87.13 | $86.89 | $85.78 | $87.23 | Azeri Light FOB Ceyhan | $87.25 | $87.23 | $85.95 | $84.83 | $85.21 | $86.1 | Urals (EX NOVO) | $83.00 | $83.05 | $81.82 | $80.89 | $81.25 | $82 | Brent Dated | $86.12 | $85.85 | $84.48 | $83.41 | $83.63 | $84.69 |
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