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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 $50.11 per barrel last week (from December 7 to December 11), which is $1.22 (2.5 percent) more compared to the previous price, Trend reports on Dec.14.
Last week, the maximum price for Azeri Light CIF oil amounted to $51.7 per barrel, while the minimum - $49.21.
The average price of Azeri LT FOB Ceyhan amounted to $49.58 per barrel last week, up by $1.22 (2.5 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $51.16 per barrel, while the minimum - $48.67.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $48.6 per barrel, which is 51 cents (1.1 percent) more compared to the previous week.
The maximum price for URALS oil amounted to $50.11 per barrel, while the minimum - $47.66.
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 $49.38 per barrel, which is $1.69 (3.5 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $50.92 per barrel, while the minimum - $48.44.
Oil grade/date | Dec. 7, 2020 | Dec. 8, 2020 | Dec 9, 2020 | Dec. 10, 2020 | Dec. 11, 2020 | Average price |
Azeri LT CIF | $49.45 | $49.33 | $49.21 | $51.7 | $50.88 | $50.11 |
Azeri Light FOB Ceyhan | $48.92 | $48.79 | $48.67 | $51.16 | $50.34 | $49.58 |
Urals (EX NOVO) | $48.05 | $47.89 | $47.66 | $50.11 | $49.29 | $48.6 |
Brent Dated | $48.83 | $48.69 | $48.44 | $50.92 | $50.03 | $49.38 |