Weekly Review Of Azerbaijani Oil Prices


(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 7. This week has seen diverse price dynamics in oil prices, Trend reports.

The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Gunashli field grew by 29 cents (0.39 percent) compared to last week and amounted to $75.28 per barrel. The maximum price during the period reached $76.31 per barrel, while the minimum price was $74.19 per barrel.

The Azeri Light crude oil price averaged $73.99 per barrel FOB at the Turkish port of Ceyhan this week, which is 27 cents (0.37 percent) more than last week. The highest price was $75.04 per barrel, and the lowest was $72.89 per barrel.

The URALS crude oil price declined by 30 cents (0.5 percent) from last week to $60.49 per barrel. The top price for URALS reached $61.56 per barrel, and the lowest price reached $59.29 per barrel.

The benchmark Dated Brent crude oil average price went down by 27 cents (0.37 percent) to $73.93 per barrel. The peak price for Dated Brent reached $75.02 per barrel, and the minimum was $72.74 per barrel.

Oil grade/date

02.12.2024

03.12.2024

04.12.2024

05.12.2024

06.12.2024

Average price

Azeri LT CIF

$74.19

$76.05

$76.31

$75.4

$74.43

$75.28

Azeri Light FOB Ceyhan

$72.89

$74.75

$75.04

$74.12

$73.15

$73.99

Urals (EX NOVO)

$59.73

$61.56

$61.48

$60.41

$59.29

$60.49

Dated Brent

$73.04

$75.02

$74.94

$73.89

$72.74

$73.93

MENAFN07122024000187011040ID1108966914


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.