BAKU, Azerbaijan, June 22. The prices of Azerbaijani oil experienced an increase this week, Trend reports.
The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Guneshli field increased by $4.09 (4.91 percent) compared to last week and amounted to $87.49 per barrel. The maximum price during the period reached $88.49 per barrel, while the minimum price reached $85.64 per barrel.
Azeri Light crude oil price averaged $86.02 per barrel FOB in Türkiye's Ceyhan port this week, up $4.18 or 5.11 percent, from last week. The maximum price was $87.05 per barrel and the minimum was $84.13 per barrel.
The URALS crude oil price averaged $3.45 (5.08 percent) higher than last week at $71.34 per barrel. The highest price for URALS reached $72.07 per barrel and the lowest price reached $69.77 per barrel.
The benchmark Dated Brent crude oil average price rose by $4.52 (5.58 percent) to $85.59 per barrel. The maximal price for Dated Brent reached $87.02 per barrel, and the minimal one - $83.36 per barrel.
| Oil grade/date | 17.06.2024 | 18.06.2024 | 19.06.2024 | 20.06.2024 | 21.06.2024 | Average price |
| Azeri LT CIF | $85,64 | $87,35 | $88,00 | $87,99 | $88,49 | $87,49 |
| Azeri Light FOB Ceyhan | $84,13 | $85,85 | $86,55 | $86,53 | $87,05 | $86,02 |
| Urals (EX NOVO) | $69,77 | $71,33 | $71,89 | $71,66 | $72,07 | $71,34 |
| Dated Brent | $83,36 | $85,28 | $86,19 | $86,12 | $87,02 | $85,59 |
Stay up-to-date with more news on Trend News Agency's WhatsApp channel