Tuesday, 02 January 2024 12:17 GMT

Weekly Review Of Azerbaijani Oil Prices


(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 1.​ This week, average prices for Azeri Light CIF and Azeri Light FOB Ceyhan rose, while prices for Urals (EX NOVO) and Dated Brent fell, Trend reports.

The average price of Azeri Light CIF oil produced at Azerbaijan's Azeri-Chirag-Guneshli field rose by $0.57, or 0.8 percent, compared to the previous week, to $69.49 per barrel.

The maximum price for this grade of oil during the reporting period was $69.74 per barrel, and the minimum was $69.30 per barrel.

This week, the average price of Azeri Light crude oil on FOB terms at the Turkish port of Ceyhan was $67.98 per barrel, which is $0.6, or 0.9 percent, more than the previous week. During the reporting period, the maximum price for this grade of oil was $68.24 per barrel, and the minimum price was $67.76 per barrel.

URALS oil averaged $56.14 per barrel, up $0.54, or 1 percent, from the previous week. The highest price for URALS oil during the week was $56.62 per barrel, and the lowest was $55.81 per barrel.

Dated Brent crude oil averaged $67.50 per barrel for the week, down $0.22, or 0.3 percent, from the previous week. The highest price for Dated Brent crude oil for the week was $67.85 per barrel, and the lowest was $67.27 per barrel.

Oil type/date

25.08.2025

26.08.2025

27.08.2025

28.08.2025

29.08.2025

Average price

Azeri LT CIF

-

$69.30

$69.61

$69.31

$69.74

$69.49

Azeri Light FOB Ceyhan

-

$67.76

$68.10

$67.81

$68.24

$67.98

Urals (EX NOVO)

-

$55.81

$55.91

$56.22

$56.62

$56.14

Dated Brent

-

$67.44

$67.27

$67.45

$67.85

$67.50

MENAFN01092025000187011040ID1110000930

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.

Search