Tuesday, 02 January 2024 12:17 GMT

Weekly Review Of Azerbaijani Oil Prices


(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 23.​ The average prices of Azeri LT CIF, Azeri Light FOB Ceyhan, and Dated Brent crude oil brands rose, while the average price of Urals (EX NOVO) crude oil decreased this week, Trend reports.

The average price of Azeri Light CIF oil produced at Azerbaijan's Azeri-Chirag-Gunashli field increased by $1.06, or 1.6 percent, compared to last week, to $67.56 per barrel.

The highest price for this grade of oil during the reporting period came in at $68 per barrel, while the lowest dropped down to $66.51 per barrel.

This week, the average price of Azeri Light crude oil on FOB terms at the Turkish port of Ceyhan was $65.42 per barrel, which is $1.11, or 1.73 percent, more than a week before.

During the reporting period, the maximum price for this grade of oil was $65.82 per barrel, and the minimum price was $64.43 per barrel.

URALS oil averaged $50.06 per barrel, down $1.47, or 2.85 percent, from last week. The highest price for URALS oil during the week was $52.13 per barrel, and the lowest was $47.14 per barrel.

Dated Brent crude oil averaged $63.3 per barrel for the week, up $0.36, or 0.57 percent, from last week. The highest price for Dated Brent crude oil for the week was $63.66 per barrel, and the lowest was $62.38 per barrel.

Oil type/date

17.10.2025

18.10.2025

19.10.2025

20.10.2025

21.10.2025

Average price

Azeri LT CIF

$67.93

$68

$67.67

$67.69

$66.51

$67.56

Azeri Light FOB Ceyhan

$65.72

$65.82

$65.55

$65.6

$64.43

$65.42

Urals (EX NOVO)

$52.13

$51.65

$50.08

$49.31

$47.14

$50.06

Dated Brent

$63.66

$63.55

$63.35

$63.54

$62.38

$63.3

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Trend News Agency

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