BAKU, Azerbaijan, August 28. 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 $1.2 (1.34 percent) compared to the previous week and amounted to $88.38 per barrel. The maximum price during the reporting period was $89.66 per barrel, and the minimum – $87.36 per barrel.
This week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $87.37 per barrel, which is $1.24 (1.4 percent) less than last week. The maximum price was $88.64 per barrel, and the minimum price was $86.34 per barrel.
The average price of URALS crude oil decreased by $1.19 (1.66 percent) compared to last week and amounted to $70.26 per barrel. The maximum price for URALS reached $71.35 per barrel, and the minimum – $69.43 per barrel.
The average price for Brent crude oil fell by $1.36 (1.58 percent) and amounted to $85.02 per barrel. The maximum price for Brent reached $86.4 per barrel, and the minimum – $83.98 per barrel.
|
Oil type |
August 21, 2023 |
August 22, 2023 |
August 23, 2023 |
August 24, 2023 |
August 25, 2023 |
Average price |
|
Azeri LT CIF |
89.66 |
88.68 |
87.65 |
$87.36 |
$88.56 |
$88.38 |
|
Azeri Light FOB Ceyhan |
88.64 |
87.67
|
86.65 |
$86.34 |
$87.55 |
$87.37 |
|
Urals (EX NOVO) |
71.35 |
70.37 |
69.61 |
$69.43 |
$70.55 |
$70.26 |
|
Brent Dated |
86.4 |
85.32 |
84.14 |
$83.98 |
$85.24 |
$85.02 |
(1 USD = 1.7 AZN on August 28, 2023)