2024-03-05 11:43:36
Oil prices have changed in different directions this week, Day.Az reported on Saturday.
The average price for Azeri Light oil on a CIF basis, produced at the Azerbaijani Azeri-Chirag-Gunashli field, increased by $0.03 (0.04 percent) compared to last week and amounted to $87.42 per barrel. The maximum price for this period reached $88.31 per barrel, and the minimum was $86.11 per barrel.
This week, the average price for Azeri Light oil FOB in the Turkish port of Ceyhan was $85.81 per barrel, which is $0.15, or 0.17 percent more than last week. The maximum price was $86.63 per barrel, and the minimum was $84.75 per barrel.
The average price for URALS oil decreased by $0.17 (0.26 percent) compared to last week and amounted to $66.35 per barrel. The maximum price for URALS reached $67.28 per barrel, and the minimum price reached $65.33 per barrel.
The average price for the benchmark Dated Brent oil decreased by $0.25 (0.29 percent) to $85.22 per barrel. The maximum price for Dated Brent reached $86.51 per barrel, and the minimum was $83.72 per barrel.
| Oil grade/date | 12.02.2024 | 13.02.2024 | 14.02.2024 | 15.02.2024 | 16.02.2024 | average price |
| Azeri LT CIF | $88,31 | $86,93 | $87,62 | $88,14 | $86,11 | $87,42 |
| Azeri Light FOB Ceyhan | $86,55 | $85,16 | $85,94 | $86,63 | $84,75 | $85,81 |
| Urals (EX NOVO) | $67,28 | $65,87 | $66,48 | $66,78 | $65,33 | $66,35 |
| Dated Brent | $86,51 | $84,89 | $85,45 | $85,52 | $83,72 | $85,22 |