Weekly Review Of Azerbaijani Oil Prices

2025-01-13 03:10:44

(MENAFN- Trend News Agency) BAKU, Azerbaijan, January 13. Oil prices in Azerbaijan have grown this week, Trend reports.

The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Gunashli field rose by $2.08 (2.68 percent) compared to last week and amounted to $79.89 per barrel. The maximum price during the period reached $81.86 per barrel, while the minimum price reached $78.72 per barrel.

Azeri Light crude oil price averaged $78.8 per barrel FOB at the Turkish port of Ceyhan this week, which is $2.26 (2.95 percent) more than last week. The highest price was $80.84 per barrel, and the lowest was $77.63 per barrel.

The URALS crude oil price averaged $2.29 (3.61 percent) higher than last week at $65.79 per barrel. The top price for URALS reached $67.77 per barrel, while the minimum price was $64.66 per barrel.

The benchmark Dated Brent crude oil average price hiked by $2.72 (3.6 percent) to $78.23 per barrel. The highest price for Dated Brent reached $80.38 per barrel, and the lowest was $77.24 per barrel.

Oil grade/date	06.01.2025	07.01.2025	08.01.2025	09.01.2025	10.01.2025	Average price
Azeri LT CIF	$79.48	$79.63	$78.72	$79.77	$81.86	$79.89
Azeri Light FOB Ceyhan	$78.30	$78.46	$77.63	$78.76	$80.84	$78.80
Urals (EX NOVO)	$65.35	$65.51	$64.66	$65.67	$67.77	$65.79
Dated Brent	$77.57	$77.89	$77.24	$78.05	$80.38	$78.23

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