BAKU, Azerbaijan, March 26. There was an increase in oil prices last week, Trend reports.
The average price of Azeri Light oil on a CIF basis, produced at the Azeri-Chirag-Guneshli field in Azerbaijan, increased by $1.01 (1.16 percent) compared to the previous week and amounted to $88.08 per barrel. The maximum price during the period reached $89.57 per barrel, and the minimum price reached $87.17 per barrel.
The average price of Azeri Light crude oil FOB at the Turkish port of Ceyhan averaged $86.55 per barrel last week, up $0.96, or 1.12 percent, from the previous week.
The maximum price was $88.03 per barrel, and the minimum was $85.63 per barrel.
The average price for URALS crude oil increased by $1.83 (2.73 percent) compared to the week before, to $68.92 per barrel. The maximum price for URALS reached $70.12 per barrel, and the minimum price reached $68.25 per barrel.
The average price for the benchmark oil grade, Dated Brent, rose by $1.38 (1.64 percent) and amounted to $85.82 per barrel. The maximum price for Dated Brent reached $87.24 per barrel, and the minimum was $84.9 per barrel.
Oil grade/date |
18.03.2024 |
19.03.2024 |
20.03.2024 |
21.03.2024 |
22.03.2024 |
Average price |
Azeri LT CIF |
$88,57 |
$89,57 |
$87,92 |
$87,17 |
$87,17 |
$88,08 |
Azeri Light FOB Ceyhan |
$87,06 |
$88,03 |
$86,36 |
$85,66 |
$85,63 |
$86,55 |
Urals (EX NOVO) |
$69,13 |
$70,12 |
$68,71 |
$68,41 |
$68,25 |
$68,92 |
Dated Brent |
$86,24 |
$87,24 |
$85,55 |
$85,18 |
$84,90 |
$85,82 |
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