BAKU, Azerbaijan, September 9. 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 $5.55 (6.13 percent) compared to last week and amounted to $96.06 per barrel. The maximum price for this period reached $97.06 per barrel, and the minimum was $94.63 per barrel.
This week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $95.13 per barrel, which is $5.61 (6.27 percent) more than last week. The maximum price was $96.16 per barrel, and the minimum price was $93.67 per barrel.
The average price of URALS crude oil increased by $5.18 (7.16 percent) compared to last week and amounted to $77.49 per barrel. The maximum price for URALS reached $78.24 per barrel, and the minimum was $76.24 per barrel.
The average price for Brent crude oil increased by $4.85 (5.59 percent) and amounted to $91.65 per barrel. The maximum price for Brent reached $92.4 per barrel, and the minimum was $90.61 per barrel.
Oil type |
September 4, 2023 |
September 5, 2023 |
September 6, 2023 |
September 7, 2023 |
September 8, 2023 |
Average price |
Azeri LT CIF |
$94.63 |
$96.42 |
$95.75 |
$96.43 |
$97.06 |
$96.06 |
Azeri Light FOB Ceyhan |
$93.67 |
$95.48
|
$94.82 |
$95.51 |
$96.16 |
$95.13 |
Urals (EX NOVO) |
$76.24 |
$77.98 |
$77.25 |
$77.73 |
$78.24 |
$77.49 |
Brent Dated |
$90.61 |
$91.94 |
$91.41 |
$91.90 |
$92.40 |
$91.65 |
(1 USD = 1.7 AZN on September 9, 2023)