(MENAFN- AzerNews) By Trend
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 | $44.05 | $44.17 | $45.45 | $44.86 | $43.53 | $43.062 |
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