BAKU, Azerbaijan, August 5. Azerbaijani oil prices have increased this week, Trend reports.
The average price of Azeri LT CIF Augusta crude oil, which is produced at the Azeri-Chirag-Gunashli block of Azerbaijani fields, increased by $1.47 (1.68 percent) this week compared to last week's figure and amounted to $88.84 per barrel. The maximum price for it during the reporting period was $90.11 per barrel, and the minimum was $87.33.
This week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $87.91 per barrel, which is $3.48 (2.57 percent) more than last week. The maximum price for it was $89.18 per barrel, and the minimum was $86.36.
The average price of URALS crude oil increased by $2.86 (4.23 percent) compared to last week and amounted to $70.41 per barrel. The maximum price for URALS reached $73.29 per barrel, while the minimum was $68.17.
The average price for Brent crude oil fell $2.14 (2.56 percent) and amounted to $85.55 per barrel this week. The maximum price for Brent reached $86.86 per barrel, and the minimum was $84.18 per barrel.
|
Oil/date |
July 31, 2023 |
August 1, 2023 |
August 2, 2023 |
August 3, 2023 |
August 4, 2023 |
Average price |
|
Azeri LT CIF |
$89.27 |
$88.76 |
$87.33 |
$88.90 |
$90.11 |
$88.87 |
|
Azeri Light FOB Ceyhan |
$88.27 |
$87.78
|
$86.36 |
$87.96 |
$89.18 |
$87.91 |
|
Urals (EX NOVO) |
$69.78 |
$69.59 |
$68.17 |
$71.24 |
$73.29 |
$70.41 |
|
Brent Dated |
$85.66 |
$85.28 |
$84.18 |
$85.80 |
$86.86 |
$85.55 |
(1 USD = 1.7 AZN on August 5, 2023)