BAKU, Azerbaijan, October 26. This week has seen a rise in oil prices, Trend reports.
The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Guneshli field increased by $0.25 (0.34 percent) compared to last week and amounted to $75.67 per barrel. The maximum price during the period reached $76.63 per barrel, while the minimum price reached $74.31 per barrel.
The Azeri Light crude oil price averaged $74.17 per barrel FOB at the Turkish port of Ceyhan this week, which is $0.3 or 0.4 percent higher than last week. The highest price was $75.16 per barrel and the lowest was $72.78 per barrel.
The URALS crude oil price increased by $0.53 (0.85 percent) from last week to $62.61 per barrel. The top price for URALS reached $63.56 per barrel and the lowest price reached $61.31 per barrel.
The benchmark Dated Brent crude oil average price increased by $0.51 (0.68 percent) to $74.89 per barrel. The peak price for Dated Brent reached $75.84 per barrel, and the minimum was $73.57 per barrel.
| Oil grade/date | 21.10.2024 | 22.10.2024 | 23.10.2024 | 24.10.2024 | 25.10.2024 | Average price |
| Azeri LT CIF | $74,31 | $76,56 | $75,53 | $75,32 | $76,63 | $75,67 |
| Azeri Light FOB Ceyhan | $72,78 | $75,04 | $74,04 | $73,84 | $75,16 | $74,17 |
| Urals (EX NOVO) | $61,31 | $63,49 | $62,47 | $62,24 | $63,56 | $62,61 |
| Dated Brent | $73,57 | $75,77 | $74,74 | $74,52 | $75,84 | $74,89 |
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