Weekly review of Azerbaijan's oil market
By Trend
Azerbaijani oil prices have risen this week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $108.61 per barrel, having increased by 57 cents (0.52 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $110.72 per barrel, while the minimum price – was $102.63.
The average price of Azeri LT FOB Ceyhan totaled $106.56 per barrel this week, down by 45 cents (0.42 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $108.71 per barrel, while the minimum price – was $100.55.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk reached $65.8 per barrel this week, which was 38 cents (0.57 percent) more than in the previous week.
The maximum price for URALS oil amounted to $68.2 per barrel, while the minimum price – was $60.
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 $104.72 per barrel this week, thus growing by 79 cents (0.76 percent).
The maximum price for Brent Dated amounted to $106.64 per barrel, while the minimum price – $98.5.
|
Oil grade/date |
Apr. 11, 2022 |
Apr. 12, 2022 |
Apr. 13, 2022 |
Apr. 14, 2022 |
Apr. 15, 2022 |
Average price |
|
Azeri LT CIF |
$102.63 |
$109.11 |
$110.72 |
$110.3 |
$110.3 |
$108.61 |
|
Azeri Light FOB Ceyhan |
$100.55 |
$107.01 |
$108.71 |
$108.28 |
$108.28 |
$106.56 |
|
Urals (EX NOVO) |
$60.00 |
$66.45 |
$68.20 |
$68.12 |
$68.12 |
$66.18 |
|
Brent Dated |
$98.50 |
$105.33 |
$106.64 |
$106.57 |
$106.57 |
$104.72 |
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