BAKU, Azerbaijan, October 28. This week saw a decrease 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, decreased by $2.87 (2.99 percent) compared to the week before and amounted to $92.95 per barrel.
The maximum price during the reporting period was $95.54 per barrel, and the minimum – $91.71 per barrel.
Besides, this week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $90.94 per barrel, which is $2.94 (3.13 percent) less from the week before. The maximum price was $93.61 per barrel, and the minimum - $89.74 per barrel.
The average price of URALS crude oil decreased by $2.8 (3.49 percent) compared to last week and amounted to $77.42 per barrel. The maximum price for URALS reached $80.15 per barrel, and the minimum – $76.23 per barrel.
The average price for Brent crude oil fell by $3.31 (3.55 percent) and amounted to $89.90 per barrel. The maximum price for Brent reached $93.09 per barrel, and the minimum – $88.46 per barrel.
|
Oil type |
October 23, 2023 |
October 24, 2023 |
October 25, 2023 |
October 26, 2023 |
October 27, 2023 |
Average price |
|
Azeri LT CIF |
$95.54 |
$91.71 |
$92.39 |
$92.87 |
$92.25 |
$92.95 |
|
Azeri Light FOB Ceyhan |
$93.61 |
$89.74 |
$90.32 |
$90.85 |
$90.20 |
$90.94 |
|
Urals (EX NOVO) |
$80.15 |
$76.23 |
$76.76 |
$77.31 |
$76.69 |
$77.42 |
|
Brent Dated |
$93.09 |
$88.46 |
$89.04 |
$89.70 |
$89.23 |
$89.90 |