2024-07-22 20:56:00
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 $0.95 (1.04 percent) compared to the previous week to $89.84 per barrel. The maximum price for this period was $90.35 per barrel, while the minimum was $88.89 per barrel.
This week, the average price of Azeri Light crude oil based on FOB in the Turkish port of Ceyhan was $88.44 per barrel, which is $0.92, or 1.03 percent less than last week. The maximum price was $88.97 per barrel, and the minimum was $87.47 per barrel.
The average price of URALS crude oil fell by $0.77 (1.04 percent) compared to the previous week and amounted to $73.94 per barrel. The maximum price for URALS reached $74.58 per barrel, and the minimum – $72.74 per barrel.
The average price of the benchmark Dated Brent crude oil fell by $1.28 (1.44 percent) to $87.19 per barrel. The maximum price for Dated Brent reached $87.73 per barrel, and the minimum – $86.1 per barrel.
| Oil grade/date | 08.07.2024 | 09.07.2024 | 10.07.2024 | 11.07.2024 | 12.07.2024 | average price |
| Azeri LT CIF | $90,29 | $88,89 | $89,84 | $89,82 | $90,35 | $89,84 |
| Azeri Light FOB Ceyhan | $88,87 | $87,47 | $88,45 | $88,44 | $88,97 | $88,44 |
| Urals (EX NEW) | $74,36 | $72,74 | $73,92 | $74,11 | $74,58 | $73,94 |
| Dated Brent | $87,73 | $86,10 | $87,08 | $87,32 | $87,72 | $87,19 |