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.

Source: Trend News Agency