2024-04-18 08:09:41
Oil prices increased last week, Day.Az reported on Monday.
The average price for Azeri Light oil on a CIF basis, produced at the Azerbaijani Azeri-Chirag-Gunashli field, increased by $0.48 (0.52 percent) compared to the week before and amounted to $93.27 per barrel. The maximum price for this period reached $94.73 per barrel, and the minimum – $92.26 per barrel.
Last week, the average price for Azeri Light oil FOB in the Turkish port of Ceyhan was $91.5 per barrel, which is $0.3, or 0.32 percent more than the week before last. The maximum price was $92.88 per barrel, and the minimum was $90.45 per barrel.
The average price for URALS oil increased by $0.63 (0.85 percent) compared to the week before and amounted to $74.77 per barrel. The maximum price for URALS reached $75.99 per barrel, and the minimum price reached $73.93 per barrel.
The average price for the reference grade of Dated Brent oil increased by $0.89 (0.98 percent) and amounted to $92.1 per barrel. The maximum price for Dated Brent reached $93.35 per barrel, and the minimum was $91.19 per barrel.
| Oil grade/date | 08.04.2024 | 09.04.2024 | 10.04.2024 | 11.04.2024 | 12.04.2024 | average price |
| Azeri LT CIF | $93,33 | $93,08 | $92,26 | $92,96 | $94,73 | $93,27 |
| Azeri Light FOB Ceyhan | $91,69 | $91,37 | $90,45 | $91,11 | $92,88 | $91,50 |
| Urals (EX NOVO) | $74,84 | $74,67 | $73,93 | $74,43 | $75,99 | $74,77 |
| Dated Brent | $92,20 | $91,93 | $91,19 | $91,81 | $93,35 | $92,10 |