BAKU, Azerbaijan, August 5. Oil prices saw a decline last week, Trend reports.
The average price of Azeri Light oil on a CIF basis, produced at the Azeri-Chirag-Gunashli field in Azerbaijan, decreased by $2.41 (2.83 percent) compared to last week and amounted to $82.84 per barrel. The maximum price during the period reached $84.28 per barrel, while the minimum price reached $80.7 per barrel.
The average price of Azeri Light crude oil FOB at Türkiye's Ceyhan port averaged $81.57 per barrel this week, which is $2.43, or 2.89 percent, less than last week. The maximum price was $82.98 per barrel, and the minimum was $79.42 per barrel.
The URALS crude oil price averaged $2.03 (2.92 percent) lower than last week at $67.36 per barrel. The maximum price for URALS reached $68.83 per barrel, and the minimum price reached $65.31 per barrel.
The benchmark Dated Brent crude oil average price decreased by $2.1 (2.55 percent) to $80.31 per barrel. The maximum price for Dated Brent reached $81.83 per barrel, and the minimum was $78.27 per barrel.
|
Oil grade/date |
29.07.2024 |
30.07.2024 |
31.07.2024 |
1.08.2024 |
2.08.2024 |
Average price |
|
Azeri LT CIF |
$83.42 |
$81.77 |
$84.02 |
$84.28 |
$80.70 |
$82.84 |
|
Azeri Light FOB Ceyhan |
$82.21 |
$80.54 |
$82.72 |
$82.98 |
$79.42 |
$81.57 |
|
Urals (EX NOVO) |
$67.90 |
$66.21 |
$68.57 |
$68.63 |
$65.31 |
$67.36 |
|
Dated Brent |
$80.87 |
$79.14 |
$81.45 |
$81.83 |
$78.27 |
$80.31 |
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