BAKU, Azerbaijan, January 4. Oil prices in Azerbaijan have grown this week, Trend reports.
The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Gunashli field rose by $2.56 (3.4 percent) compared to last week and amounted to $77.81 per barrel. The maximum price during the period reached $79 per barrel, while the minimum price reached $76.45 per barrel.
Azeri Light crude oil price averaged $76.54 per barrel FOB at the Turkish port of Ceyhan this week, which is $2.64 (3.57 percent) more than last week. The highest price was $77.73 per barrel, and the lowest was $75.17 per barrel.
The URALS crude oil price averaged $2.79 (4.59 percent) higher than last week at $63.5 per barrel. The top price for URALS reached $64.82 per barrel, while the minimum price was $61.95 per barrel.
The benchmark Dated Brent crude oil average price hiked by $2.45 (3.35 percent) to $75.51 per barrel. The highest price for Dated Brent reached $76.76 per barrel, and the lowest was $74.08 per barrel.
Oil grade/date |
30.12.2024 |
31.12.2024 |
02.01.2025 |
03.01.2025 |
Average price |
Azeri LT CIF |
$76.45 |
$77 |
$78.78 |
$79 |
$77.81 |
Azeri Light FOB Ceyhan |
$75.17 |
$75.74 |
$77.52 |
$77.73 |
$76.54 |
Urals (EX NOVO) |
$61.95 |
$62.56 |
$64.66 |
$64.82 |
$63.5 |
Dated Brent |
$74.08 |
$74.65 |
$76.53 |
$76.76 |
$75.51 |
Stay up-to-date with more news on Trend News Agency's WhatsApp channel