BAKU, Azerbaijan, January 27. Last week, there was a decline in Azerbaijani oil prices, Trend reports.
The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Gunashli field went down by $2.44 (2.9 percent) compared to the previous week and amounted to $81.82 per barrel. The maximum price during the mentioned period reached $82.95 per barrel, while the minimum price reached $80.5 per barrel.
The current week's average price for Azeri Light crude oil FOB at the Turkish port of Ceyhan stood at $80.57 per barrel, which is $2.58 (3.1) percent less than the previous week. The highest price totaled $81.67 per barrel and the lowest was $79.33 per barrel.
The price of URALS crude oil dipped to an average of $66.79 per barrel, reflecting a decrease of $2.78, or 3.99 percent, compared to the previous week. The highest price for URALS hit $67.95 per barrel, while the lowest came in at $65.48 per barrel.
The Dated Brent benchmark oil price decreased by $2.79 (3.39 percent) to $79.68 per barrel. The peak price for Dated Brent reached $80.75 per barrel, while the bottom price amounted to $78.75 per barrel.
|
Oil grade/date |
20.01.2025 |
21.01.2025 |
22.01.2025 |
23.01.2025 |
24.01.2025 |
Average price |
|
Azeri LT CIF |
$82.95 |
$82.42 |
$81.99 |
$81.23 |
$80.5 |
$81.82 |
|
Azeri Light FOB Ceyhan |
$81.67 |
$81.14 |
$80.71 |
$80.01 |
$79.33 |
$80.57 |
|
Urals (EX NOVO) |
$67.95 |
$67.56 |
$67.17 |
$65.79 |
$65.48 |
$66.79 |
|
Dated Brent |
$80.75 |
$80.32 |
$79.82 |
$78.78 |
$78.75 |
$79.68 |
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