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Azerbaijani oil prices (August 3-10)

Azerbaijani oil prices (August 3-10)

Economy
10 August 2020, 15:10 112
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $46.02 per barrel last week (from August 3 through August 10), which is $1.74 or 3.9 percent more compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $47.16 per barrel, while the minimum - $45.39.
The average price of Brent Dated reference grade oil amounted to $43.06 per barrel last week, remaining unchanged compared to the previous indicator.
The maximum price for Brent Dated oil amounted to $43.89 per barrel, while the minimum - $42.1.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $43.95 per barrel, which is $1.71 or 4.1 percent more compared to the previous week.
The maximum price for URALS oil amounted to $45.09 per barrel, while the minimum - $43.32.
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 Azeri LT FOB Ceyhan amounted to $45.43 per barrel, which is $1.77 or 4 percent more compared to the previous price.
The maximum price for Azeri LT FOB Ceyhan amounted to $46.57 per barrel, while the minimum - $44.8.

Oil grade/date

Aug. 3, 2020

Aug. 4, 2020

Aug. 5, 2020

Aug. 6, 2020

Aug. 7, 2020

Average price

Azeri LT CIF

$45.39

$45.45

$47.16

$46.46

$45.62

$46.016

Azeri Light FOB Ceyhan

$44.8

$44.86

$46.57

$45.87

$45.03

$45.426

Urals (EX NOVO)

$43.48

$43.53

$45.09

$44.35

$43.32

$43.954

Brent Dated

$42.1

$43.12

$43.74

$42.46

$43.89

$43.062