BAKU, Azerbaijan, September 16. 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 $2.98 (3.1 percent) compared to last week and amounted to $99.04 per barrel. The maximum price for this period reached $100.56 per barrel, and the minimum was $96.73 per barrel.
This week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $98.16 per barrel, which is $3.03 (3.19 percent) more than last week. The maximum price was $99.69 per barrel, and the minimum price was $95.84 per barrel.
The average price of URALS crude oil increased by $2.54 (3.28 percent) compared to last week and amounted to $80.03 per barrel. The maximum price for URALS reached $81.44 per barrel, and the minimum was $77.78 per barrel.
The average price for Brent Crude oil increased by $2.2 (2.4 percent) and amounted to $93.85 per barrel. The maximum price for Brent reached $95.14 per barrel, and the minimum was $92.02 per barrel.
Oil type |
September 11, 2023 |
September 12, 2023 |
September 13, 2023 |
September 14, 2023 |
September 15, 2023 |
Average price |
Azeri LT CIF |
$96.73 |
$98.64 |
$98.73 |
$100.53 |
$100.56 |
$99.04 |
Azeri Light FOB Ceyhan |
$95.84 |
$97.75 |
$97.86 |
$99.67 |
$99.69 |
$98.16 |
Urals (EX NOVO) |
$77.78 |
$79.72 |
$79.81 |
$81.40 |
$81.44 |
$80.03 |
Brent Dated |
$92.02 |
$93.60 |
$93.39 |
$95.11 |
$95.14 |
$93.85 |
(1 USD = 1.7 AZN on September 16, 2023)