Weekly review: Azerbaijani oil prices rise
Azerbaijani oil prices have risen this week, Azernews reports.
The average price of Azeri LT CIF Augusta crude oil, produced in the Azeri-Chirag-Gunashli block of Azerbaijani fields, rose by $2.39 (2.85 percent) compared to the last week and amounted to $86.18 per barrel.
During the reporting period, the highest price reached $86.6 per barrel, and the lowest was $85.34 per barrel.
The average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan this week was $84.45 per barrel, a $2.61 (3.19 percent) increase compared to the week before. The highest price was $84.81 per barrel, while the lowest was $83.68.
The average price of URALS crude oil grew by 2.4 cents (3.96 percent) from the week before to $62.9 per barrel. The greatest price for URALS was $64.06 per barrel, while the lowest price was $62.03 per barrel.
The average price for Brent crude oil increased by $2.42 (3.02 percent) and amounted to $82.63 per barrel. The maximum price for Brent reached $83.37 per barrel, and the minimum was $82.13 per barrel.
|
Oil type |
January 22, 2024 |
January 23, 2024 |
January 24, 2024 |
January 25, 2024 |
January 26, 2024 |
Average price |
|
|
Azeri LT CIF |
$86.16 |
$86.45 |
$85.34 |
$86.33 |
$86.60 |
$86.18 |
|
|
Azeri Light FOB Ceyhan |
$84.31 |
$84.79 |
$83.68 |
$84.65 |
$84.81 |
$84.45 |
|
|
Urals (EX NOVO) |
$62.03 |
$62.32 |
$62.48 |
$63.63 |
$64.06 |
$62.9 |
|
|
Dated Brent |
$82.17 |
$82.29 |
$82.13 |
$83.18 |
$83.37 |
$82.63 |
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