Today.Az » Business » Weekly review of Azerbaijani oil market
15 November 2021 [18:00] - Today.Az
By Trend Azerbaijani oil prices fluctuated last week, Trend reports. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $85.37 per barrel, having grown by 12 cents (0.3 percent) compared to the previous price. Last week, the maximum price for Azeri Light CIF oil amounted to $86.24 per barrel, while the minimum - $84.13. The average price of Azeri LT FOB Ceyhan amounted to $84.45 per barrel last week, down by 15 cents (0.17 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $85.32 per barrel, while the minimum - $83.22. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $80.44 per barrel, which is 30 cents (0.37 percent) less compared to the previous week. The maximum price for URALS oil amounted to $81.46 per barrel, while the minimum - $79.21. 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 $83.72 per barrel, thus decreasing by 11 cents (0.13 percent). The maximum price for Brent Dated amounted to $84.57 per barrel, while the minimum - $82.65. Oil grade/date | Nov. 8, 2021 | Nov. 9, 2021 | Nov. 10, 2021 | Nov. 11, 2021 | Nov. 12, 2021 | Average price | Azeri LT CIF | $86.09 | $86.24 | $86.04 | $84.37 | $84.13 | $85.37 | Azeri Light FOB Ceyhan | $85.16 | $85.32 | $85.11 | $83.47 | $83.22 | $84.45 | Urals (EX NOVO) | $81.15 | $81.46 | $80.97 | $79.43 | $79.21 | $80.44 | Brent Dated | $84.09 | $84.57 | $84.30 | $83.02 | $82.65 | $83.72 |
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