BAKU, Azerbaijan, April 15. Oil prices in Azerbaijan increased last 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 48 cents (0.52 percent) compared to the previous week and amounted to $93.27 per barrel. The maximum price during the period reached $94.73 per barrel, while the minimum price reached $92.26 per barrel.
The average price of Azeri Light crude oil FOB at the Turkish port of Ceyhan averaged $91.5 per barrel last week, which is 30 cents (0.32 percent) higher than the previous week. The maximum price was $92.88 per barrel, and the minimum price was $90.45 per barrel.
The URALS crude oil price averaged 63 cents (0.85 percent) higher than the previous week at $74.77 per barrel. The maximum price for URALS reached $75.99 per barrel, and the minimum was $73.93 per barrel.
The average price for the benchmark oil grade, Dated Brent, rose by 89 cents (0.98 percent) to $92.1 per barrel. The maximum price for Dated Brent reached $93.35 per barrel, and the minimum price was $91.19 per barrel.
Oil grade/date |
08.04.2024 |
09.04.2024 |
10.04.2024 |
11.04.2024 |
12.04.2024 |
Average price |
Azeri LT CIF |
$93.33 |
$93.08 |
$92.26 |
$92.96 |
$94.73 |
$93.27 |
Azeri Light FOB Ceyhan |
$91.69 |
$91.37 |
$90.45 |
$91.11 |
$92.88 |
$91.5 |
Urals (EX NOVO) |
$74.84 |
$74.67 |
$73.93 |
$74.43 |
$75.99 |
$74.77 |
Dated Brent |
$92.2 |
$91.93 |
$91.19 |
$91.81 |
$93.35 |
$92.1 |
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