BAKU, Azerbaijan, February 24. Oil prices in Azerbaijan have diverged this week, Trend reports.
The average price of Azeri Light oil on a CIF basis, produced at the Azeri-Chirag-Gunashli field in Azerbaijan, increased by three cents (0.04 percent) compared to last week and amounted to $87.42 per barrel. The maximum price for this period reached $88.31 per barrel, while the minimum price reached $86.11 per barrel.
In the current week, the average price of Azeri Light crude oil FOB at the Turkish port of Ceyhan amounted to $85.81 per barrel, up 15 cents, or 0.17 percent, from last week. The maximum price was $86.63 per barrel, and the minimum was $84.75 per barrel.
The average price of URALS crude oil lowered by 17 cents (0.26 percent) from last week to $66.35 per barrel. The maximum price for URALS reached $67.28 per barrel, and the minimum price reached $65.33 per barrel.
The average price for the benchmark oil grade Dated Brent decreased by 25 cents (0.29 percent) to $85.22 per barrel. The maximum price for Dated Brent reached $86.51 per barrel, and the minimum - $83.72 per barrel.
|
Oil grade/date |
19.02.2024 |
20.02.2024 |
21.02.2024 |
22.02.2024 |
23.02.2024 |
Average price |
|
Azeri LT CIF |
$88.31 |
$86.93 |
$87.62 |
$88.14 |
$86.11 |
$87.42 |
|
Azeri Light FOB Ceyhan |
$86.55 |
$85.16 |
$85.94 |
$86.63 |
$84.75 |
$85.81 |
|
Urals (EX NOVO) |
$67.28 |
$65.87 |
$66.48 |
$66.78 |
$65.33 |
$66.35 |
|
Dated Brent |
$86.51 |
$84.89 |
$85.45 |
$85.52 |
$83.72 |
$85.22 |
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