Today.Az » Business » Weekly review of Azerbaijani oil market
07 June 2021 [15:23] - Today.Az
By Trend
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $71.53 per barrel last week, having risen by $2.53 (3.7 percent) compared to the previous price, Trend reports. Last week, the maximum price for Azeri Light CIF oil amounted to $72.48 per barrel, while the minimum - $70.57. The average price of Azeri LT FOB Ceyhan amounted to $70.91 per barrel last week, increasing by $2.54 (3.7 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $71.86 per barrel, while the minimum - $69.94. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $68.36 per barrel, growing by $2.3 (3.5 percent) compared to the previous week. The maximum price for URALS oil amounted to $69.11 per barrel, while the minimum - $67.77. 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 $69.94 per barrel, which is $1.01 (1.5 percent) more compared to the previous price. The maximum price for Brent Dated amounted to $70.68 per barrel, while the minimum - $69.32. Oil grade/date | May 31, 2021 | June 1, 2021 | June 2, 2021 | June 3, 2021 | June 4, 2021 | Average price | Azeri LT CIF | - | $70.57 | $71.28 | $71.8 | $72.48 | $71.53 | Azeri Light FOB Ceyhan | - | $69.94 | $70.65 | $71.18 | $71.86 | $70.91 | Urals (EX NOVO) | - | $67.77 | $68.28 | $68.28 | $69.11 | $68.36 | Brent Dated | - | $69.32 | $69.87 | $69.89 | $70.68 | $69.94 |
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