BAKU, Azerbaijan, December 30. Oil prices in Azerbaijan increased this week, Trend reports.
The average price of Azeri LT CIF Augusta crude oil, produced in the Azeri-Chirag-Gunashli block of Azerbaijani fields, dropped by $1.17 (1.39 percent) from the previous week to $82.98 per barrel.
During the reporting period, the highest price was $84.51 per barrel, and the lowest was $81.56 per barrel.
Furthermore, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan this week was $81.61 per barrel, a $0.83 (1.01 percent) decrease from the previous week. The highest price was $82.71 per barrel, while the lowest was $79.92.
The average price of URALS crude oil fell by $1.33 (1.65 percent) from the previous week to $79.19 per barrel. The greatest price for URALS was $80.85 per barrel, while the lowest price was $77.59 per barrel.
The average price for Brent crude oil decreased by $1.33 (1.65 percent) and amounted to $79.19 per barrel. The maximum price for Brent reached $80.85 per barrel, and the minimum – $77.59 per barrel.
Oil type |
December 27, 2023 |
December 28, 2023 |
December 29, 2023 |
Average price |
Azeri LT CIF |
$84.51 |
$82.87 |
$81.56 |
$82.98 |
Azeri Light FOB Ceyhan |
$82.71 |
$82.21 |
$79.92 |
$81.61 |
Urals (EX NOVO) |
$62.01 |
$60.43 |
$59.16 |
$60.53 |
Dated Brent |
$80.85 |
$79.12 |
$77.59 |
$79.19 |
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