...

Weekly review of Azerbaijani oil prices

Oil&Gas Materials 17 August 2024 20:10 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
Read more

BAKU, Azerbaijan, August 17. This week, there has been an increase in the price of oil, Trend reports.

The price of Azeri Light crude oil on a CIF basis, straight from the Azeri-Chirag-Guneshli field in Azerbaijan, shot up by $2.78 (a whopping 3.4 percent) compared to last week, reaching a solid $84.5 per barrel. The price during that time period hit the roof at $85.54 per barrel, while it hit rock bottom at $83.72 per barrel.

The Azeri Light crude oil price averaged $83.41 per barrel FOB in Türkiye's Ceyhan port this week, up $2.89, or 3.58 percent, from last week. The maximum price was $84.46 per barrel, and the minimum was $82.61 per barrel.

The URALS crude oil price averaged $2.63 (3.94 percent) higher than last week at $69.3 per barrel. The maximum price for URALS reached $69.99 per barrel and the minimum price reached $68.15 per barrel.

The benchmark Dated Brent crude oil average price rose by $4.06 (5.14 percent) to $83.19 per barrel. The maximum price for Dated Brent reached $84.17 per barrel, and the minimum - $82.25 per barrel.

Oil grade/date 12.08.2024 13.08.2024 14.08.2024 15.08.2024 16.08.2024 Average price
Azeri LT CIF $84,66 $84,49 $84,11 $85,54 $83,72 $84,50
Azeri Light FOB Ceyhan $83,54 $83,41 $83,03 $84,46 $82,61 $83,41
Urals (EX NOVO) $69,80 $69,60 $68,96 $69,99 $68,15 $69,30
Dated Brent $83,31 $83,30 $82,90 $84,17 $82,25 $83,19

Stay up-to-date with more news on Trend News Agency's WhatsApp channel

Tags:
Latest

Latest