BAKU, Azerbaijan, April 20. Oil prices have declined this week, Trend reports.
The average price of Azeri Light oil on a CIF basis, produced at the Azeri-Chirag-Guneshli field in Azerbaijan, decreased by $2.48 (2.65 percent) compared to last week and amounted to $90.8 per barrel. The maximum price during the period reached $93.06 per barrel, while the minimum price reached $88.51 per barrel.
The average price of Azeri Light crude oil FOB at Türkiye's Ceyhan port averaged $89.09 per barrel this week, which is $2.41, or 2.64 percent, less than last week. The maximum price was $91.3 per barrel, and the minimum was $86.84 per barrel.
The URALS crude oil price averaged $2.51 (3.36 percent) lower than last week at $72.26 per barrel. The maximum price for URALS reached $74.03 per barrel, and the minimum price reached $70.73 per barrel.
The benchmark Dated Brent crude oil average price decreased by $2.58 (2.8 percent) to $89.52 per barrel. The maximum price for Dated Brent reached $91.29 per barrel, and the minimum was $88.02 per barrel.
| Oil grade/date | 15.04.2024 | 16.04.2024 | 17.04.2024 | 18.04.2024 | 19.04.2024 | Average price |
| Azeri LT CIF | $92,06 | $93,06 | $91,53 | $88,51 | $88,82 | $90,80 |
| Azeri Light FOB Ceyhan | $90,25 | $91,30 | $89,85 | $86,84 | $87,19 | $89,09 |
| Urals (EX NOVO) | $73,08 | $74,03 | $72,41 | $70,73 | $71,05 | $72,26 |
| Dated Brent | $90,53 | $91,29 | $89,66 | $88,09 | $88,02 | $89,52 |
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