BAKU, Azerbaijan, November 18. Oil prices in Azerbaijan 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 $1.62 (1.87 percent) compared to last week and amounted to $85.35 per barrel.
The maximum price during the reporting period was $88.11 per barrel, and the minimum – $82 per barrel.
Besides, this week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $83.4 per barrel, which is $1.27 (1.5 percent) less from the week before. The maximum price was $86.12 per barrel, and the minimum - $80.12 per barrel.
The average price of URALS crude oil decreased by $2.71 (3.83 percent) compared to last week and amounted to $68.04 per barrel. The maximum price for URALS reached $71.01 per barrel, and the minimum – $64.3 per barrel.
The average price for Brent crude oil fell by $2.18 (2.59 percent) and amounted to $82.1 per barrel. The maximum price for Brent reached $85.19 per barrel, and the minimum – $78.15 per barrel.
Oil type |
November 13, 2023 |
November 14, 2023 |
November 15, 2023 |
November 16, 2023 |
November 17, 2023 |
Average price |
Azeri LT CIF |
$87.15 |
$88.11 |
$85.81 |
$82 |
$83.67 |
$85.35 |
Azeri Light FOB Ceyhan |
$85.04 |
$86.12 |
$83.87 |
$80.12 |
$81.86 |
$83.4 |
Urals (EX NOVO) |
$70.37 |
$71.01 |
$68.58 |
$64.3 |
$65.94 |
$68.04 |
Dated Brent |
$84.47 |
$85.19 |
$82.61 |
$78.15 |
$80.08 |
$82.1 |
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