BAKU, Azerbaijan, November 2. This week has seen a decrease 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 decreased by $2.27 (2.99 percent) compared to last week and amounted to $73.4 per barrel. The maximum price during the period reached $74.8 per barrel, while the minimum price was $71.87 per barrel.
The Azeri Light crude oil price averaged $72.16 per barrel FOB at the Turkish port of Ceyhan this week, which is $2.02 (2.72 percent) less than last week. The highest price was $73.66 per barrel, and the lowest was $70.55 per barrel.
The URALS crude oil price decreased by $2.3 (3.68 percent) from last week to $60.31 per barrel. The top price for URALS reached $61.55 per barrel, and the lowest price reached $58.84 per barrel.
The benchmark Dated Brent crude oil average price decreased by $2.02 (2.7 percent) to $72.86 per barrel. The peak price for Dated Brent reached $74.17 per barrel, and the minimum was $71.4 per barrel.
|
Oil grade/date |
28.10.2024 |
29.10.2024 |
30.10.2024 |
31.10.2024 |
01.11.2024 |
Average price |
|
Azeri LT CIF |
$72.84 |
$71.87 |
$73.66 |
$73.85 |
$74.8 |
$73.4 |
|
Azeri Light FOB Ceyhan |
$71.4 |
$70.55 |
$72.48 |
$72.69 |
$73.66 |
$72.16 |
|
Urals (EX NOVO) |
$59.78 |
$58.84 |
$60.62 |
$60.76 |
$61.55 |
$60.31 |
|
Dated Brent |
$72.2 |
$71.4 |
$73.19 |
$73.36 |
$74.17 |
$72.86 |
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