BAKU, Azerbaijan, December 16. Oil prices in Azerbaijan decreased this week, Trend reports.
The average price of Azeri LT CIF Augusta crude oil, which is produced in the Azeri-Chirag-Gunashli block of Azerbaijani fields, fell by $0.82 (1.02 percent) from the previous week to $79.85 per barrel.
During the reporting period, the highest price was $81.5 per barrel, and the lowest was $77.82 per barrel.
Furthermore, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan this week was $78.44 per barrel, a $0.73 (0.93 percent) decrease from the previous week. The highest price was $80.12 per barrel, while the lowest was $76.41 per barrel.
The average price of URALS crude oil fell by $1.85 (3.07 percent) from the previous week to $58.62 per barrel. The greatest price for URALS was $60.06 per barrel, while the lowest price was $56.85 per barrel.
The average price for Brent crude oil fell by $4.99 (6.15 percent) and amounted to $81.22 per barrel. The maximum price for Brent reached $78.25 per barrel, and the minimum – $74.3 per barrel.
Oil type |
December 11, 2023 |
December 12, 2023 |
December 13, 2023 |
December 14, 2023 |
December 15, 2023 |
Average price |
Azeri LT CIF |
$80.22 |
$77.82 |
$78.31 |
$81.50 |
$81.38 |
$79.85 |
Azeri Light FOB Ceyhan |
$78.81 |
$76.41 |
$76.93 |
$80.12 |
$79.92 |
$78.44 |
Urals (EX NOVO) |
$59.41 |
$56.85 |
$57.18 |
$60.06 |
$59.61 |
$58.62 |
Dated Brent |
$75.95 |
$73.56 |
$74.09 |
$77.28 |
$77.09 |
$75.59 |
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