BAKU, Azerbaijan, June 8. The price of Azerbaijani oil took a nosedive this week, Trend reports.
The average CIF price of Azeri Light crude oil from Azerbaijan's Azeri-Chirag-Gunashli field dropped by $4.33 (5.14 percent) to $79.8 per barrel over last week. The highest barrel price during the period was $80.91, and the lowest - $78.35.
The average price of Azeri Light crude oil FOB at the Turkish port of Ceyhan averaged $78.04 per barrel this week, down $4.07, or 4.96 percent, from last week. The maximum price was $79.23 per barrel, and the minimum was $76.61 per barrel.
The URALS crude oil price fell by $3.37 (4.98 percent) from last week to $64.25 per barrel. The maximum price for URALS reached $65.42 per barrel, while the minimum price was $62.81 per barrel.
Dated Brent benchmark crude oil price decreased by $4.17 (5.12 percent) to $77.39 per barrel. The maximum price for Dated Brent reached $78.54 per barrel, and the minimum - $75.92 per barrel.
|
Oil grade/date |
04.06.2024 |
05.06.2024 |
06.06.2024 |
07.06.2024 |
Average price |
|
Azeri LT CIF |
$79.25 |
$78.35 |
$80.91 |
$80.69 |
$79.80 |
|
Azeri Light FOB Ceyhan |
$77.28 |
$76.61 |
$79.23 |
$79.04 |
$78.04 |
|
Urals (EX NOVO) |
$63.60 |
$62.81 |
$65.42 |
$65.18 |
$64.25 |
|
Dated Brent |
$76.77 |
$75.92 |
$78.54 |
$78.32 |
$77.39 |
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