Weekly Review Of Azerbaijani Oil Prices


(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 29. Oil prices saw adecline last week, Trend reports.

The average price of Azeri Light oil on a CIF basis, produced atthe Azeri-Chirag-Gunashli field in Azerbaijan, decreased by $1.46(1.6 percent) compared to last week and amounted to $89.34 perbarrel. The maximum price during the period reached $90.68 perbarrel, while the minimum price reached $88.3 per barrel.

The average price of Azeri Light crude oil FOB at Türkiye'sCeyhan port averaged $87.71 per barrel this week, which is $1.37,or 1.54 percent, less than last week. The maximum price was $89.03per barrel, and the minimum was $86.66 per barrel.

The URALS crude oil price averaged $0.77 (1.07 percent) lowerthan last week at $71.49 per barrel. The maximum price for URALSreached $72.66 per barrel, and the minimum price reached $70.54 perbarrel.

The benchmark Dated Brent crude oil average price decreased by$0.82 (0.92 percent) to $88.7 per barrel. The maximum price forDated Brent reached $89.64 per barrel, and the minimum was $87.56per barrel.

Oil grade/date 22.04.2024 23.04.2024 24.04.2024 25.04.2024 26.04.2024 Average price
Azeri LT CIF $88.30 $89.33 $89.49 $88.90 $90.68 $89.34
Azeri Light FOB Ceyhan $86.66 $87.72 $87.89 $87.27 $89.03 $87.71
Urals (EX NOVO) $70.54 $71.60 $71.61 $71.04 $72.66 $71.49
Dated Brent $87.56 $88.73 $88.90 $88.35 $89.94 $88.70

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