Today.Az » Business » Weekly review of Azerbaijani oil market
13 September 2021 [17:42] - Today.Az
By Trend Azerbaijani oil prices increased last week, Trend reports on Sept.13. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $73.002 per barrel, having grown by 24 cents (0.3 percent) compared to the previous price. Last week, the maximum price for Azeri Light CIF oil amounted to $73.41 per barrel, while the minimum - $72.48. The average price of Azeri LT FOB Ceyhan amounted to $72.33 per barrel last week, up by 26 cents (0.4 percent) compared to the previous indicator. The maximum price for Azeri LT FOB Ceyhan amounted to $72.74 per barrel, while the minimum - $71.81. Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $70.19 per barrel, which is 88 cents (1.3 percent) more compared to the previous week. The maximum price for URALS oil amounted to $70.7 per barrel, while the minimum - $69.43. 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 $72.26 per barrel, which is 55 cents (0.8 percent) less compared to the previous price. The maximum price for Brent Dated amounted to $72.51 per barrel, while the minimum - $71.76. Oil grade/date | Sept.6, 2021 | Sept.7, 2021 | Sept.8, 2021 | Sept.9, 2021 | Sept.10, 2021 | Average price | Azeri LT CIF | $72.67 | $72.48 | $73.12 | $73.33 | $73.41 | $73.002 | Azeri Light FOB Ceyhan | $71.99 | $71.81 | $72.45 | $72.67 | $72.74 | $72.33 | Urals (EX NOVO) | $69.43 | $69.59 | $70.54 | $70.7 | $70.7 | $70.19 | Brent Dated | $72.3 | $71.76 | $72.34 | $72.51 | $72.39 | $72.26 |
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