Weekly Review Of Azerbaijani Oil Prices
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 7. Azerbaijani oil
prices have dropped this week, Trend reports.
The average price of Azeri Light oil on a CIF basis, produced at
the Azeri-Chirag-Guneshli field in Azerbaijan, decreased by $4.35
(5.24 percent) compared to last week and amounted to $78.68 per
barrel. The maximum price during the mentioned period reached
$81.56 per barrel, while the minimum price reached $76.64 per
barrel.
The Azeri Light crude oil price averaged $77.72 per barrel FOB
at the Turkish port of Ceyhan this week, which is $4.23 or 5.16
percent less than last week. The maximum price was $80.59 per
barrel and the minimum stood at $75.69 per barrel.
The URALS crude oil price averaged $5.16 (7.69 percent) lower
than last week at $61.95 per barrel. The highest price for URALS
reached $65.37 per barrel, while the lowest price was $59.51 per
barrel.
The Dated Brent benchmark crude oil price fell by $5.71 (7.01
percent) to $75.75 per barrel. The maximal price for Dated Brent
reached $79.62 per barrel, and the minimal one - $73.03 per
barrel.
| Oil grade/date |
02.09.2024 |
03.09..2024 |
04.09.2024 |
05.09.2024 |
06.09.2024 |
Average price |
| Azeri LT CIF |
$81,56 |
$78,55 |
$78,30 |
$78,33 |
$76,64 |
$78,68 |
| Azeri Light FOB Ceyhan |
$80,59 |
$77,58 |
$77,34 |
$77,39 |
$75,69 |
$77,72 |
| Urals (EX NOVO) |
$65,37 |
$61,94 |
$61,52 |
$61,41 |
$59,51 |
$61,95 |
| Dated Brent |
$79,62 |
$75,83 |
$75,23 |
$75,04 |
$73,03 |
$75,75 |
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