Tuesday, 02 January 2024 12:17 GMT

Weekly Review Of Prices For Azeri Light, Dated Brent, And Urals


Date:

(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 17. Average prices for Azeri Light (CIF), Azeri Light (FOB Ceyhan), Dated Brent, and Urals crude decreased from October 12 through October 16.

According to Trend's calculations, based on data from oil market participants, the average price of Azeri Light (CIF) crude, produced at the Azeri-Chirag-Guneshli field in Azerbaijan, decreased by $3.1, or 2.4%, compared to the previous week, reaching $123.79 per barrel.

According to the information, the highest price for this grade of crude oil during the week was $131.62 per barrel, and the lowest was $116.26.

The average price of Azeri Light crude on a FOB basis at the Turkish port of Ceyhan was $112.78 per barrel, which is $3.36, or 2.9%, lower than the previous week's figure. During the week, the maximum price was $120.70 per barrel, and the minimum was $105.42.

The average price of Urals crude oil decreased by $1.47, or 1.7%, compared to the previous week, reaching $84.84 per barrel. During the week, the highest price was $89.26, and the lowest was $82.32.

Dated Brent crude averaged $126.98 per barrel, down $2.96, or 2.3%, from the previous week. During the week, the price reached a high of $134.25 per barrel and a low of $116.59.

Oil/Date 12.10.2026 13.10.2026 14.10.2026 15.10.2026 16.10.2026 Average price
Azeri LT CIF $131.62 $127.87 $124.14 $119.04 $116.26 $123.79
Azeri Light FOB Ceyhan $120.70 $116.51 $112.79 $108.49 $105.42 $112.78
Urals (EX NOVO) $89.26 $85.78 $83.45 $83.40 $82.32 $84.84
Dated Brent $128.36 $123.91 $129.09 $135.74 $132.59 $126.98

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