Weekly Review Of Azerbaijani Oil Prices
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, February 3. Last week, there
was a decline in Azerbaijani oil prices, Trend reports.
The average price of Azeri Light crude oil on a CIF basis
produced at Azerbaijan's Azeri-Chirag-Gunashli field went down by
$2.78 (3.4 percent) compared to the previous week and amounted to
$79.04 per barrel. The maximum price during the mentioned period
reached $79.48 per barrel, while the minimum price reached $78.52
per barrel.
The current week's average price for Azeri Light crude oil FOB
at the Turkish port of Ceyhan stood at $77.87 per barrel, which is
$2.7 (3.3 percent) less than the previous week. The highest price
totaled $78.31 per barrel, and the lowest was $77.33 per
barrel.
The price of URALS crude oil dipped to an average of $63.87 per
barrel, reflecting a decrease of $2.92, or 4.4 percent, compared to
the previous week. The highest price for URALS hit $64.47 per
barrel, while the lowest came in at $63.25 per barrel.
The Dated Brent benchmark oil price decreased by $2.09 (2.6
percent) to $77.59 per barrel. The peak price for Dated Brent
reached $77.91 per barrel.
|
Oil grade/date
|
27.01.2025
|
28.01.2025
|
29.01.2025
|
30.01.2025
|
31.01.2025
|
Average price
|
|
Azeri LT CIF
|
$79.48
|
$79.14
|
$79.22
|
$78.84
|
$78.52
|
$79.04
|
|
Azeri Light FOB Ceyhan
|
$78.31
|
$77.99
|
$78.06
|
$77.66
|
$77.33
|
$77.87
|
|
Urals (EX NOVO)
|
$64.47
|
$63.92
|
$64.01
|
$63.69
|
$63.25
|
$63.87
|
|
Dated Brent
|
$77.91
|
$77.71
|
$77.83
|
$77.48
|
$77.05
|
$77.59
|
MENAFN03022025000187011040ID1109160796
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.