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Weekly review of Azerbaijani oil prices

Azerbaijani oil prices varied last week, Trend reports on Dec. 20.

The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $75.92 per barrel, having increased by $4.82 (6.78 percent) compared to the previous price.

The maximum price for Azeri Light CIF oil amounted to $77.1 per barrel, while the minimum price - $75.05.

The average price of Azeri LT FOB Ceyhan amounted to $75.08 per barrel last week, down by $0.23 (0.34 percent) compared to the previous indicator.

The maximum price for Azeri LT FOB Ceyhan amounted to $76.25 per barrel, while the minimum price - $74.21.

The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $71 per barrel last week, which is $0.85 (1.18 percent) less compared to the previous week.

The maximum price for URALS oil amounted to $72.12 per barrel, while the minimum price - $70.06.

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 amounted to $73.67 per barrel last week, thus decreasing by $0.99 (1.32 percent).

The maximum price for Brent Dated amounted to $74.76 per barrel, while the minimum price - $72.83.

















































Oil grade/dateDec. 6, 2021Dec. 7, 2021Dec. 8, 2021Dec. 9, 2021Dec. 10, 2021Average price
Azeri LT CIF$76.50$75.49$75.05$77.10$75.50$75.92
Azeri Light FOB Ceyhan$75.67$74.64$74.21$76.25$74.65$75.08
Urals (EX NOVO)$71.68$70.66$70.06$72.12$70.49$71.00
Brent Dated$74.25$73.54$72.83$74.76$73.00$73.67


(1 USD = 1.7 AZN on Dec. 20)

https://en.trend.az/business/energy/3529391.html