BAKU, Azerbaijan, June 29. 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 $0.84 (0.96 percent) compared to last week and amounted to $88.34 per barrel. The maximum price during the same period reached $89 per barrel, while the minimum price reached $87.17 per barrel.
The Azeri Light crude oil price averaged $86.88 per barrel on a base FOB in the Turkish port of Ceyhan this week, up $0.86, or 1 percent, from last week. The highest price was $87.53 per barrel, and the lowest was $85.73 per barrel.
The URALS crude oil price averaged $0.46 (0.64 percent) higher than last week at $71.8 per barrel. The maximum price for URALS reached $72.5 per barrel, and the minimum price reached $70.67 per barrel.
The Dated Brent benchmark oil price rose by $1.06 (1.24 percent) to $86.65 per barrel. The maximum price for Dated Brent reached $87.26 per barrel, and the minimum - $85.27 per barrel.
| Oil grade/date | 24.06.2024 | 25.06.2024 | 26.06.2024 | 27.06.2024 | 28.06.2024 | Average price |
| Azeri LT CIF | $88,58 | $88,28 | $87,17 | $89,00 | $88,65 | $88,34 |
| Azeri Light FOB Ceyhan | $87,16 | $86,82 | $85,73 | $87,53 | $87,17 | $86,88 |
| Urals (EX NOVO) | $71,99 | $71,69 | $70,67 | $72,50 | $72,15 | $71,80 |
| Dated Brent | $87,12 | $86,78 | $85,27 | $87,26 | $86,83 | $86,65 |
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