BAKU, Azerbaijan, February 8. Azerbaijani oil prices decreased last week, 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 $1.7 (2.15 percent) compared to the previous week and amounted to $77.34 per barrel. The maximum price during the mentioned period reached $78.42 per barrel, while the minimum price landed on $76.42 per barrel.
The last week's average price for Azeri Light crude oil FOB at the Turkish port of Ceyhan stood at $76.11 per barrel, which is $1.76 (2.26 percent) less than the previous week. The highest price totaled $77.23 per barrel, and the lowest was $75.12 per barrel.
The price of URALS crude oil dipped to an average of $61.17 per barrel, reflecting a decrease of $2.7 (4.23 percent) compared to the previous week. The highest price for URALS hit $62.87 per barrel, while the lowest came in at $59.68 per barrel.
The Dated Brent benchmark oil price decreased by $2.22 (2.86 percent) to $75.37 per barrel. The peak price for Dated Brent reached $76.31 per barrel, and the lowest settled at $74.53 per barrel.
|
Oil grade/date |
03.02.2025 |
04.02.2025 |
05.02.2025 |
06.02.2025 |
07.02.2025 |
Average price |
|
Azeri LT CIF |
$78.15 |
$78.42 |
$76.8 |
$76.92 |
$76.42 |
$77.34 |
|
Azeri Light FOB Ceyhan |
$76.96 |
$77.23 |
$75.59 |
$75.66 |
$75.12 |
$76.11 |
|
Urals (EX NOVO) |
$62.87 |
$62.57 |
$60.55 |
$60.19 |
$59.68 |
$61.17 |
|
Dated Brent |
$76.08 |
$76.37 |
$74.83 |
$75.03 |
$74.53 |
$75.37 |
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