Weekly review of Azerbaijan's oil market
02 April 2022
Azerbaijani oil prices have dropped this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $114.04 per barrel, having declined by $8.28 (6.76 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $117.28 per barrel, while the minimum price - was $110.58.
The average price of Azeri LT FOB Ceyhan amounted to $112.88 per barrel last week, down by $8.32 (6.86 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $124.5 per barrel, while the minimum price - was $118.09.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk totaled $76.9 per barrel this week, which was $8.56 (10 percent) less than in the previous week.
The maximum price for URALS oil amounted to $80.34 per barrel, while the minimum price - was $73.17.
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 made up $112.68 per barrel this week, thus decreasing by $10.54 (8.55 percent).
The maximum price for Brent Dated amounted to $117.56 per barrel, while the minimum price - $107.43.
https://en.trend.az/business/energy/3576570.html
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $114.04 per barrel, having declined by $8.28 (6.76 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $117.28 per barrel, while the minimum price - was $110.58.
The average price of Azeri LT FOB Ceyhan amounted to $112.88 per barrel last week, down by $8.32 (6.86 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $124.5 per barrel, while the minimum price - was $118.09.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk totaled $76.9 per barrel this week, which was $8.56 (10 percent) less than in the previous week.
The maximum price for URALS oil amounted to $80.34 per barrel, while the minimum price - was $73.17.
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 made up $112.68 per barrel this week, thus decreasing by $10.54 (8.55 percent).
The maximum price for Brent Dated amounted to $117.56 per barrel, while the minimum price - $107.43.
| Oil grade/date | Mar. 28, 2022 | Mar. 29, 2022 | Mar. 30, 2022 | Mar. 31, 2022 | Apr. 1, 2022 | Average price |
| Azeri LT CIF | $117.28 | $112.88 | $117.15 | $112.33 | $110.58 | $114.04 |
| Azeri Light FOB Ceyhan | $116.22 | $111.76 | $116.01 | $111.11 | $109.29 | $112.88 |
| Urals (EX NOVO) | $80.34 | $75.95 | $79.99 | $75.02 | $73.17 | $76.90 |
| Brent Dated | $117.56 | $112.37 | $115.94 | $110.09 | $107.43 | $112.68 |
https://en.trend.az/business/energy/3576570.html
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