Tuesday, 02 January 2024 12:17 GMT

Weekly Review Of Azerbaijani Oil Prices


(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 7.​ Average prices for Azeri Light CIF and Azeri Light FOB Ceyhan rose, while prices for Urals (EX NOVO) and Dated Brent fell this week, Trend reports.

The average price of Azeri Light CIF oil produced at Azerbaijan's Azeri-Chirag-Gunashli field rose by $0.23, or 0.33 percent, compared to last week, to $69.72 per barrel.

The maximum price for this grade of oil during the reporting period was $71.25 per barrel, and the minimum was $67.48 per barrel.

This week, the average price of Azeri Light crude oil on FOB terms at the Turkish port of Ceyhan was $68.25 per barrel, which is $0.27, or 0.4 percent, more than a week before. During the reporting period, the maximum price for this grade of oil was $69.76 per barrel, and the minimum price - $66.01 per barrel

URALS oil averaged $56.51 per barrel, up $0.37, or 0.66 percent, from last week. The highest price for URALS oil during the week was $56.51 per barrel, and the lowest - $54.33 per barrel.

Dated Brent crude oil averaged $67.75 per barrel for the week, up $0.25, or 0.37 percent, from last week. The highest price for Dated Brent crude oil for the week was $69.43 per barrel, and the lowest - $65.36 per barrel.

Oil type/date

01.09.2025

02.09.2025

03.09.2025

04.09.2025

05.09.2025

Average price

Azeri LT CIF

$70.54

$71.25

$69.88

$69.47

$67.48

$69.72

Azeri Light FOB Ceyhan

$69.06

$69.76

$68.4

$68

$66.01

$68.25

Urals (EX NOVO)

$57.47

$58.01

$56.52

$56.21

$54.33

$56.51

Dated Brent

$68.91

$69.43

$67.71

$67.32

$65.36

$67.75

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