(MENAFN- Trend News Agency)
BAKU, Azerbaijan, Dec. 6
By Sadraddin Aghjayev - Trend:
Azerbaijani oil prices decreased last week, Trend reports.
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $72.86 per barrel, having decreased by $8.2 (10.1 percent) compared to the previous price.
The maximum price for Azeri Light CIF oil amounted to $75.6 per barrel, while the minimum - $71.38 last week.
The average price of Azeri LT FOB Ceyhan amounted to $72.18 per barrel last week, down by $8.15 (10.14 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $74.91 per barrel, while the minimum - $70.69.
The average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $68.53 per barrel last week, which is $11.91 (14.8 percent) less compared to the previous week.
The maximum price for URALS oil amounted to $71.13 per barrel, while the minimum - $67.21.
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 $80.52 per barrel last week, thus decreasing by $10.42 (12.94 percent).
The maximum price for Brent Dated amounted to $74.95 per barrel, while the minimum - $70.71.
| Oil grade/date | Nov. 29, 2021 | Nov. 30, 2021 | Dec. 1, 2021 | Dec. 2, 2021 | Dec. 3, 2021 | Average price |
| Azeri LT CIF | $75,60 | $71,74 | $72,86 | $71,38 | $72,76 | $72,86 |
| Azeri Light FOB Ceyhan | $74,91 | $71,08 | $72,20 | $70,69 | $72,06 | $72,188 |
| Urals (EX NOVO) | $71,13 | $67,30 | $68,45 | $67,21 | $68,57 | $68,53 |
| Brent Dated | $74,95 | $70,96 | $71,95 | $70,71 | $71,92 | $70,1 |
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