BAKU, Azerbaijan, August 12. 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 $1.69 (1.9 percent) this week compared to last week's figure and amounted to $90.53 per barrel.
The maximum price during the reporting period was $91.4 per barrel, and the minimum was $89.45.
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 $1.68 (1.91 percent) more than last week. The maximum price for it was $90.46 per barrel, and the minimum was $88.5.
The average price of URALS crude oil increased by $3.34 (4.74 percent) compared to last week and amounted to $73.75 per barrel. The maximum price for URALS reached $74.72 per barrel, while the minimum was $72.74.
The average price for Brent crude oil grew by $1.72 (two percent) and amounted to $87.27 per barrel this week. The maximum price for Brent reached $88.43 per barrel, and the minimum was $86.46 per barrel.
|
Oil type |
August 7, 2023 |
August 8, 2023 |
August 9, 2023 |
August 10, 2023 |
August 11, 2023 |
Average price |
|
Azeri LT CIF |
$89.45 |
$89.45 |
$91.15 |
$91.19 |
$91.4 |
$90.53 |
|
Azeri Light FOB Ceyhan |
$88.55 |
$88.5 |
$90.19 |
$90.24 |
$90.46 |
$89.59 |
|
Urals (EX NOVO) |
$72.74 |
$73.02 |
$74.72 |
$74.2 |
$74.1 |
$73.75 |
|
Brent Dated |
$86.55 |
$86.66 |
$86.46 |
$88.27 |
$88.43 |
$87.27 |
(1 USD = 1.7 AZN on August 12, 2023)