BAKU, Azerbaijan, March 30. Oil prices in Azerbaijan have increased this week, Trend reports.
The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Guneshli field grew by 33 cents (0.37 percent) compared to last week and amounted to $88.41 per barrel. The maximum price during the period reached $89.22 per barrel, while the minimum price - $87.51 per barrel.
In the current week, the average price of Azeri Light crude oil FOB in Türkiye's Ceyhan port amounted to $86.88 per barrel, up 33 cents (0.38 percent) from last week. The maximum price was $87.71 per barrel, and the minimum - $85.98 per barrel.
The average price of URALS crude oil rose by 44 cents (0.64 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 hiked by 27 cents (0.31 percent) to $86.09 per barrel. The maximum price for Dated Brent reached $86.89 per barrel, and the minimum was $85.09 per barrel.
Oil grade/date |
25.03.2024 |
26.03.2024 |
27.03.2024 |
28.03.2024 |
Average price |
Azeri LT CIF |
$88.59 |
$88.3 |
$87.51 |
$89.22 |
$88.41 |
Azeri Light FOB Ceyhan |
$87.06 |
$86.76 |
$85.98 |
$87.71 |
$86.88 |
Urals (EX NOVO) |
$69.66 |
$69.26 |
$68.44 |
$70.08 |
$69.36 |
Dated Brent |
$86.37 |
$86 |
$85.09 |
$86.89 |
$86.09 |
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