Weekly review of Azerbaijan's oil market
02 July 2022
Azerbaijani oil prices have grown this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $124.47 per barrel, having increased by $4.4 (3.66 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $126.81 per barrel, while the minimum price – was $122.18.
The average price of Azeri LT FOB Ceyhan totaled $123.06 per barrel this week, up by $4.51 (3.8 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $125.42 per barrel, while the minimum price was $120.74.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $80.56 per barrel this week, which was $3.26 (4.21 percent) more than in the previous week.
The maximum price for URALS oil amounted to $83.05 per barrel, while the minimum price – was $78.96.
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 $122.04 per barrel this week, thus reducing by $3.21 (2.7 percent).
The maximum price for Brent Dated amounted to $124.59 per barrel, while the minimum price – was $120.49.
https://en.trend.az/business/energy/3616666.html
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $124.47 per barrel, having increased by $4.4 (3.66 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $126.81 per barrel, while the minimum price – was $122.18.
The average price of Azeri LT FOB Ceyhan totaled $123.06 per barrel this week, up by $4.51 (3.8 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $125.42 per barrel, while the minimum price was $120.74.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $80.56 per barrel this week, which was $3.26 (4.21 percent) more than in the previous week.
The maximum price for URALS oil amounted to $83.05 per barrel, while the minimum price – was $78.96.
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 $122.04 per barrel this week, thus reducing by $3.21 (2.7 percent).
The maximum price for Brent Dated amounted to $124.59 per barrel, while the minimum price – was $120.49.
| Oil grade/date | June 27, 2022 | June 28, 2022 | June 29, 2022 | June 30, 2022 | July 1, 2022 | Average price |
| Azeri LT CIF | $122.18 | $124.68 | $126.81 | $123.40 | $125.30 | $124.47 |
| Azeri Light FOB Ceyhan | $120.74 | $123.24 | $125.42 | $122.01 | $123.91 | $123.06 |
| Urals (EX NOVO) | $79.09 | $81.41 | $83.05 | $78.96 | $80.32 | $80.56 |
| Brent Dated | $120.65 | $122.94 | $124.59 | $120.49 | $121.54 | $122.04 |
https://en.trend.az/business/energy/3616666.html
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