Today.Az » Business » Weekly review of Azerbaijani oil market
05 July 2021 [15:10] - Today.Az
By Trend
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $76.43 per barrel last week, having risen by 30 cents (0.4 percent) compared to the previous price, Trend reports. Last week, the maximum price for Azeri Light CIF oil amounted to $77.49 per barrel, while the minimum - $75.56. The average price of Azeri LT FOB Ceyhan amounted to $75.78 per barrel last week, increasing by 38 cents (0.5 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $76.86 per barrel, while the minimum - $74.87. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $72.89 per barrel, growing by 31 cents (0.4 percent) compared to the previous week. The maximum price for URALS oil amounted to $73.81 per barrel, while the minimum - $71.98. 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 $76.44 per barrel, which is $1 (1.3 percent) more compared to the previous price. The maximum price for Brent Dated amounted to $77.62 per barrel, while the minimum - $75.17. Oil grade/date | June 28, 2021 | June 29, 2021 | June 30, 2021 | July 1, 2021 | July 2, 2021 | Average price | Azeri LT CIF | $75.56 | $76.05 | $75.95 | $77.11 | $77.49 | $76.43 | Azeri Light FOB Ceyhan | $74.87 | $75.39 | $75.3 | $76.48 | $76.86 | $75.78 | Urals (EX NOVO) | $71.98 | $72.62 | $72.52 | $73.81 | $73.51 | $72.89 | Brent Dated | $75.17 | $75.95 | $76.19 | $77.26 | $77.62 | $76.44 |
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