BAKU, Azerbaijan, July 13. The prices of Azerbaijani oil took a nosedive this week, Trend reports.
The average price of Azeri Light CIF, produced at the Azeri-Chirag-Gunashli field in Azerbaijan, fell by $0.95 (1.04 percent) compared to last week, amounting to $89.84 per barrel. The maximum price for the period reached $90.35 per barrel, while the minimum price was $88.89 per barrel.
This week, the average price of Azeri Light FOB at the Turkish port of Ceyhan was $88.44 per barrel, down $0.92 (1.03 percent) from last week. The maximum price was $88.97 per barrel, and the minimum price was $87.47 per barrel.
The average price for URALS crude oil decreased by $0.77 (1.04 percent) from last week, reaching $73.94 per barrel. The maximum price for URALS was $74.58 per barrel, while the minimum price was $72.74 per barrel.
The average price for the Dated Brent benchmark oil fell by $1.28 (1.44 percent) to $87.19 per barrel. The maximum price for Dated Brent was $87.73 per barrel, and the minimum was $86.10 per barrel.
| Oil grade/date | 08.07.2024 | 09.07.2024 | 10.07.2024 | 11.07.2024 | 12.07.2024 | Average price |
| Azeri LT CIF | $90.29 | $88.89 | $89.84 | $89.82 | $90.35 | $89.84 |
| Azeri Light FOB Ceyhan | $88.87 | $87.47 | $88.45 | $88.44 | $88.97 | $88.44 |
| Urals (EX NOVO) | $74.36 | $72.74 | $73.92 | $74.11 | $74.58 | $73.94 |
| Dated Brent | $87.73 | $86.10 | $87.08 | $87.32 | $87.72 | $87.19 |
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