2024-07-24 17:35:16
Oil prices fell last week, Day.Az reported on Monday.
The average price of Azeri Light CIF crude oil produced at Azerbaijan’s Azeri-Chirag-Guneshli field fell by $0.78 (0.87 percent) compared to the week before last and amounted to $89.06 per barrel. The maximum price for this period reached $89.55 per barrel, and the minimum – $88.46 per barrel.
Last week, the average price of Azeri Light crude oil based on FOB in the Turkish port of Ceyhan was $87.74 per barrel, which is $0.7, or 0.8 percent less than the week before last. The maximum price was $88.27 per barrel, and the minimum was $87.18 per barrel.
The average price of URALS crude oil fell by $0.96 (1.3 percent) compared to the week before last and amounted to $72.98 per barrel. The maximum price for URALS reached $73.58 per barrel, and the minimum – $72.24 per barrel.
The average price of the benchmark Dated Brent crude oil fell by $1.14 (1.3 percent) to $86.05 per barrel. The maximum price for Dated Brent reached $86.67 per barrel, and the minimum – $85.28 per barrel.
| Oil grade/date | 15.07.2024 | 16.07.2024 | 17.07.2024 | 18.07.2024 | 19.07.2024 | average price |
| Azeri LT CIF | $89,43 | $88,59 | $89,27 | $89,55 | $88,46 | $89,06 |
| Azeri Light FOB Ceyhan | $88,07 | $87,24 | $87,92 | $88,27 | $87,18 | $87,74 |
| Urals (EX NEW) | $73,58 | $72,54 | $73,12 | $73,41 | $72,24 | $72,98 |
| Dated Brent | $86,67 | $85,63 | $86,20 | $86,49 | $85,28 | $86,05 |