BAKU, Azerbaijan, February 10. Oil prices in Azerbaijan have lagged behind their preious indicators by running downhill, Trend reports.
The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Guneshli field fell by $1.19 (1.39 percent) compared to last week and amounted to $84.81 per barrel. The maximum price during the period reached $86.95 per barrel, while the minimum price reached $82.26 per barrel.
In the current week, the average price of Azeri Light crude oil FOB in Türkiye's Ceyhan port amounted to $83.21 per barrel, down $0.98, or 1.16 percent, from last week. The maximum price was $85.43 per barrel, and the minimum was $80.57 per barrel.
The average price of URALS crude oil decreased by $0.56 (0.88 percent) from last week to $62.97 per barrel. The maximum price for URALS reached $65.72 per barrel, while the minimum price reached $59.87 per barrel.
The average price for the benchmark Dated Brent crude oil grade fell by $0.45 (0.54 percent) to $82.21 per barrel. The maximum price for Dated Brent reached $84.75 per barrel, and the minimum was $79.23 per barrel.
| Oil grade/date | 05.02.2024 | 06.02.2024 | 07.02.2024 | 08.02.2024 | 09.02.2024 | Average price |
| Azeri LT CIF | $82,26 | $83,81 | $84,41 | $86,95 | $86,61 | $84,81 |
| Azeri Light FOB Ceyhan | $80,57 | $82,17 | $82,84 | $85,43 | $85,06 | $83,21 |
| Urals (EX NOVO) | $59,87 | $61,50 | $62,43 | $65,34 | $65,72 | $62,97 |
| Dated Brent | $79,23 | $80,91 | $81,69 | $84,48 | $84,75 | $82,21 |
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