The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $69 per barrel last week, having risen by $1.42 (2.1 percent) compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $69.67 per barrel, while the minimum - $68.37.
The average price of Azeri LT FOB Ceyhan amounted to $68.37 per barrel last week, increasing by $1.41 (2.1 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $69.02 per barrel, while the minimum - $67.75.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $66.06 per barrel, growing by $1.09 (1.7 percent) compared to the previous week.
The maximum price for URALS oil amounted to $66.85 per barrel, while the minimum - $65.31.
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 $68.93 per barrel, which is $1.07 cents (1.6 percent) more compared to the previous price.
The maximum price for Brent Dated amounted to $69.51 per barrel, while the minimum - $68.37.
Oil grade/date |
May 24, 2021 |
May 25, 2021 |
May 26, 2021 |
May 27, 2021 |
May 28, 2021 |
Average price |
Azeri LT CIF |
$68.37 |
$68.75 |
$68.99 |
$69.22 |
$69.67 |
$69 |
Azeri Light FOB Ceyhan |
$67.75 |
$68.13 |
$68.35 |
$68.58 |
$69.02 |
$68.37 |
Urals (EX NOVO) |
$65.31 |
$65.87 |
$66.02 |
$66.23 |
$66.85 |
$66.06 |
Brent Dated |
$68.37 |
$68.75 |
$68.93 |
$69.08 |
$69.51 |
$68.93 |