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Weekly review of Azerbaijani oil prices

10 January 2022 [13:54] - TODAY.AZ

By Trend

Azerbaijani oil prices increased last week, Trend reports on Jan. 10.

The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, reached $83.6 per barrel, having grown by $6.91 (nine percent) compared to the previous price.

The maximum price for Azeri Light CIF oil amounted to $85.57 per barrel, while the minimum price - $80.55.

The average price of Azeri LT FOB Ceyhan amounted to $75.84 per barrel last week, up by $7.02 (9.25 percent) compared to the previous indicator.

The maximum price for Azeri LT FOB Ceyhan amounted to $84.86 per barrel, while the minimum price - $79.75.

The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $77.91 per barrel last week, which is $7 (9.87 percent) more than in the previous week.

The maximum price for URALS oil amounted to $79.93 per barrel, while the minimum price - $74.7.

Azerbaijan sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk oil pipeline.

The average price of Brent Dated amounted to $80.34 per barrel last week, thus increasing by $6.96 (9.5 percent).

The maximum price for Brent Dated amounted to $82.48 per barrel, while the minimum price - $77.02.

 

Oil grade/date

Jan. 3, 2022

Jan. 4, 2022

Jan. 5, 2022

Jan. 6, 2022

Jan. 7, 2022

Average price

Azeri LT CIF

$80.55

$82.49

$84.22

$85.57

$85.21

$83.6

Azeri Light FOB Ceyhan

$79.75

$81.77

$83.52

$84.86

$84.5

$82.88

Urals (EX NOVO)

$74.7

$76.69

$78.58

$79.93

$79.66

$77.91

Brent Dated

$77.02

$78.99

$80.9

$82.31

$82.48

$80.34

URL: http://www.today.az/news/business/214323.html

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