Weekly Review Of Azerbaijani Oil Prices


(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 5. Oil prices have increased this week, Trend reports.

The average price of Azeri Light crude oil on a CIF basis produced at the Azeri-Chirag-Guneshli field in Azerbaijan increased by $1.6 (2.09 percent) compared to last week and amounted to $78.26 per barrel. The maximum price during the mentioned period reached $81.47 per barrel, while the minimum price reached $75.19 per barrel.

Azeri Light crude oil price averaged $77.12 per barrel FOB at the Turkish port of Ceyhan this week, which is $1.49, or 1.98 percent, higher than last week. The highest price was $80.17 per barrel, and the lowest was $74.18 per barrel.

URALS crude oil price gained $2.19 (3.6 percent) on last week's average price of $63.15 per barrel. The top price for URALS reached $66.49 per barrel, and the bottom price reached $59.92 per barrel.

The Dated Brent benchmark oil price increased by $1.93 (2.61 percent) to $76.08 per barrel. The maximum price for Dated Brent reached $79.39 per barrel, and the minimum was $72.9 per barrel.

Oil grade/date 30.09.2024 01.10.2024 02.10.2024 03.10.2024 04.10.2024 Average price
Azeri LT CIF $75,19 $77,69 $76,89 $80,04 $81,47 $78,26
Azeri Light FOB Ceyhan $74,18 $76,67 $75,79 $78,78 $80,17 $77,12
Urals (EX NOVO) $59,92 $62,44 $61,86 $65,02 $66,49 $63,15
Dated Brent $72,90 $75,38 $74,78 $77,95 $79,39 $76,08

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Trend News Agency

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