BAKU, Azerbaijan, December 21. This week, the fluctuations in Azerbaijani oil prices have exhibited a range of complex dynamics, Trend reports.
The average price of Azeri Light crude oil on a CIF basis from Azerbaijan's Azeri-Chirag-Gunashli field declined by 55 cents (0.72 percent) from the previous week, reaching $75.58 per barrel. The peak price throughout the period was $76.42 per barrel, and the lowest price was $75 per barrel.
Azeri Light crude oil price averaged $74.27 per barrel FOB in Türkiye's Ceyhan port this week, down 60 cents, or 0.8 percent, from last week. The maximum price was $75.12 per barrel, and the minimum was $73.67 per barrel.
URALS crude oil price increased by 15 cents (0.25 percent) from last week to $60.8 per barrel. The highest price for URALS reached $61.69 per barrel, and the lowest price reached $60.23 per barrel.
Dated Brent, the benchmark crude oil grade, remained without change to average $74.14 per barrel. The peak price for Dated Brent reached $75 per barrel, and the floor price was $73.54 per barrel.
|
Oil grade/date |
16.12.2024 |
17.12.2024 |
18.12.2024 |
19.12.2024 |
20.12.2024 |
Average price |
|
Azeri LT CIF |
$76.13 |
$75.00 |
$76.42 |
$75.24 |
$75.12 |
$75.58 |
|
Azeri Light FOB Ceyhan |
$74.85 |
$73.67 |
$75.12 |
$73.90 |
$73.8 |
$74.27 |
|
Urals (EX NOVO) |
$61.33 |
$60.23 |
$61.59 |
$60.43 |
$60.4 |
$60.8 |
|
Dated Brent |
$74.74 |
$73.68 |
$75 |
$73.72 |
$73.54 |
$74.14 |
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