BAKU, Azerbaijan, July 27. The price of Azerbaijani oil decreased last week, Trend reports.
The average price of Azeri Light oil on a CIF basis, produced at the Azeri-Chirag-Guneshli field in Azerbaijan, decreased by $3.81 (4.28 percent) compared to last week and amounted to $85.25 per barrel. The maximum price during the mentioned period reached $86.34 per barrel, while the minimum price reached $83.83 per barrel.
The Azeri Light crude oil price averaged $84 per barrel FOB in Türkiye's Ceyhan port this week, which is $3.74, or 4.26 percent less than last week. The maximum price was $85.07 per barrel, and the minimum was $82.59 per barrel.
The URALS crude oil price averaged $3.59 (4.92 percent) lower than last week at $69.39 per barrel. The maximum price for URALS reached $70.08 per barrel, and the minimum price reached $68.31 per barrel.
The Dated Brent benchmark crude oil price averaged $3.64 (4.23 percent) lower at $82.41 per barrel. The maximum price for Dated Brent reached $83.07 per barrel, and the minimum was $81.25 per barrel.
Oil grade/date |
22.07.2024 |
23.07.2024 |
24.07.2024 |
25.07.2024 |
26.07.2024 |
Average price |
Azeri LT CIF |
$86,34 |
$84,98 |
$85,75 |
$85,34 |
$83,83 |
$85,25 |
Azeri Light FOB Ceyhan |
$85,07 |
$83,72 |
$84,51 |
$84,10 |
$82,59 |
$84,00 |
Urals (EX NOVO) |
$70,08 |
$68,88 |
$69,92 |
$69,74 |
$68,31 |
$69,39 |
Dated Brent |
$83,07 |
$82,09 |
$83,00 |
$82,66 |
$81,25 |
$82,41 |
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