Weekly Review Of Azerbaijani Oil Prices

(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 22. The average prices of Azeri LT CIF, Azeri Light FOB Ceyhan, Dated Brent, and Urals (EX NOVO) crude oil didn't change significantly this week, Trend reports.

The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Gunashli field increased by $0.19 (0.26 percent) compared to the last week and amounted to $73.44 per barrel. The maximum price during the mentioned period was $74.04 per barrel, while the minimum price - $72.81 per barrel.

This week's average price for Azeri Light crude oil FOB at the Turkish port of Ceyhan amounted to $72.06 per barrel, which is $0.08 (0.11 percent) more than the previous week. The highest price totaled $72.61 per barrel, and the lowest was $71.48 per barrel.

The price of URALS crude oil rose to an average of $57.05 per barrel, reflecting an increase of $0.88 (1.57 percent) compared to last week. The highest price for URALS hit $57.77 per barrel, while the lowest came in at $56.44 per barrel.

The Dated Brent benchmark oil price increased by $0.62 (0.87 percent) to $72.12 per barrel. The peak price for Dated Brent reached $72.55 per barrel, and the lowest settled at $71.52 per barrel.

Oil grade/date	17.03.2025	18.03.2025	19.03.2025	20.03.2025	21.03.2025	Average price
Azeri LT CIF	$73,42	$72,90	$72,81	$74,02	$74,04	$73,44
Azeri Light FOB Ceyhan	$72,07	$71,56	$71,48	$72,6	$72,61	$72,06
Urals (EX NOVO)	$56,96	$56,51	$56,44	$57,58	$57,77	$57,05
Dated Brent	$72,26	$71,73	$71,52	$72,54	$72,55	$72,12

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