BAKU, Azerbaijan, April 29. Oil prices saw a decline last week, Trend reports.
The average price of Azeri Light oil on a CIF basis, produced at the Azeri-Chirag-Gunashli field in Azerbaijan, decreased by $1.46 (1.6 percent) compared to last week and amounted to $89.34 per barrel. The maximum price during the period reached $90.68 per barrel, while the minimum price reached $88.3 per barrel.
The average price of Azeri Light crude oil FOB at Türkiye's Ceyhan port averaged $87.71 per barrel this week, which is $1.37, or 1.54 percent, less than last week. The maximum price was $89.03 per barrel, and the minimum was $86.66 per barrel.
The URALS crude oil price averaged $0.77 (1.07 percent) lower than last week at $71.49 per barrel. The maximum price for URALS reached $72.66 per barrel, and the minimum price reached $70.54 per barrel.
The benchmark Dated Brent crude oil average price decreased by $0.82 (0.92 percent) to $88.7 per barrel. The maximum price for Dated Brent reached $89.64 per barrel, and the minimum was $87.56 per barrel.
| Oil grade/date | 22.04.2024 | 23.04.2024 | 24.04.2024 | 25.04.2024 | 26.04.2024 | Average price |
| Azeri LT CIF | $88.30 | $89.33 | $89.49 | $88.90 | $90.68 | $89.34 |
| Azeri Light FOB Ceyhan | $86.66 | $87.72 | $87.89 | $87.27 | $89.03 | $87.71 |
| Urals (EX NOVO) | $70.54 | $71.60 | $71.61 | $71.04 | $72.66 | $71.49 |
| Dated Brent | $87.56 | $88.73 | $88.90 | $88.35 | $89.94 | $88.70 |
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