2024-08-16 03:53:40
Oil prices fell this week, Day.Az reported on Saturday.
The average price of Azeri Light CIF crude oil produced at Azerbaijan’s Azeri-Chirag-Guneshli field fell by $1.11 (1.34 percent) compared to the previous week to $81.72 per barrel. The maximum price for this period was $83.38 per barrel, while the minimum was $79.73 per barrel.
This week, the average price of Azeri Light crude oil based on FOB in the Turkish port of Ceyhan was $80.52 per barrel, which is $1.05, or 1.29 percent less than last week. The maximum price was $82.22 per barrel, and the minimum was $78.48 per barrel.
The average price of URALS crude oil fell by $0.69 (1.02 percent) compared to the previous week and amounted to $66.67 per barrel. The maximum price for URALS reached $68.5 per barrel, and the minimum – $64.41 per barrel.
The average price of the benchmark Dated Brent crude oil fell by $1.19 (1.48 percent) to $79.12 per barrel. The maximum price for Dated Brent reached $81.62 per barrel, and the minimum – $76.28 per barrel.
| Oil grade/date | 05.08.2024 | 06.08.2024 | 07.08.2024 | 08.08.2024 | 09.08.2024 | Average price |
| Azeri LT CIF | $79,73 | $79,83 | $82,84 | $82,84 | $83,38 | $81,72 |
| Azeri Light FOB Ceyhan | $78,48 | $78,59 | $81,66 | $81,67 | $82,22 | $80,52 |
| Urals (EX NEW) | $64,41 | $64,66 | $67,85 | $67,95 | $68,50 | $66,67 |
| Dated Brent | $76,70 | $76,28 | $79,91 | $81,10 | $81,62 | $79,12 |