BAKU, Azerbaijan, October 21. This week saw an increase in oil prices in Azerbaijan, 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 $2.52 (2.7 percent) compared to the week before and amounted to $95.82 per barrel.
The maximum price during the reporting period was $97.68 per barrel, and the minimum – $94.28 per barrel.
Besides, this week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $93.88 per barrel, which is $1.78 (1.94 percent) more from the week before. The maximum price was $95.74 per barrel, and the minimum - $92.34 per barrel.
The average price of URALS crude oil increased by $3.41 (4.44 percent) compared to last week and amounted to $80.22 per barrel. The maximum price for URALS reached $82.26 per barrel, and the minimum – $78.52 per barrel.
The average price for Brent crude oil rose by $2.77 (3.07 percent) and amounted to $93.21 per barrel. The maximum price for Brent reached $95 per barrel, and the minimum – $91.76 per barrel.
|
Oil type |
October 16, 2023 |
October 17, 2023 |
October 18, 2023 |
October 19, 2023 |
October 20, 2023 |
Average price |
|
Azeri LT CIF |
$95.31 |
$94.28 |
$95.86 |
$95.96 |
$97.68 |
$95.82 |
|
Azeri Light FOB Ceyhan |
$93.42 |
$92.34 |
$93.91 |
$94.01 |
$95.74 |
$93.88 |
|
Urals (EX NOVO) |
$79.58 |
$78.52 |
$80.29 |
$80.45 |
$82.26 |
$80.22 |
|
Brent Dated |
$93.05 |
$91.76 |
$93.06 |
$93.20 |
$95.00 |
$93.21 |
(1 USD = 1.7 AZN on October 21, 2023)