BAKU, Azerbaijan, August 19. Azerbaijani oil prices have decreased 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, decreased by $0.95 (1.04 percent) compared to the previous week and amounted to $89.58 per barrel.
The maximum price during the reporting period was $90.86 per barrel, and the minimum – $89.13 per barrel.
This week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $88.61 per barrel, which is $0.98 (1.1 percent) less than last week. The maximum price was $89.90 per barrel, and the minimum price was $88.17 per barrel.
The average price of URALS crude oil decreased by $2.3 (3.12 percent) compared to last week and amounted to $71.45 per barrel. The maximum price for URALS reached $73.22 per barrel, and the minimum – $70.74 per barrel.
The average price for Brent crude oil fell by $0.89 (1.02 percent) and amounted to $86.38 per barrel. The maximum price for Brent reached $87.82 per barrel, and the minimum – $85.76 per barrel.
|
Oil type |
August 14, 2023 |
August 15, 2023 |
August 16, 2023 |
August 17, 2023 |
August 18, 2023 |
Average price |
|
Azeri LT CIF |
$90.86 |
$89.13 |
$89.29 |
$89.39 |
$89.25 |
$89.58 |
|
Azeri Light FOB Ceyhan |
$89.90
|
$88.17 |
$88.33 |
$88.39 |
$88.25 |
$88.61 |
|
Urals (EX NOVO) |
$73.22 |
$71.23 |
$71.08 |
$70.99 |
$70.74 |
$71.45 |
|
Dated Brent |
$87.82 |
$86.20 |
$86.11 |
$86.03 |
$85.76 |
$86.38 |
(1 USD = 1.7 AZN on August 19, 2023)