2024-04-14 11:10:07
Oil prices increased 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 $4.39 (4.96 percent) compared to last week and amounted to $92.79 per barrel. The maximum price for this period reached $94.72 per barrel, and the minimum – $91.85 per barrel.
This week, the average price for Azeri Light oil on a FOB basis in the Turkish port of Ceyhan was $91.21 per barrel, which is $4.33, or 4.98 percent more than last week. The maximum price was $93.12 per barrel, and the minimum was $90.27 per barrel.
The average price for URALS oil increased by $4.79 (6.9 percent) compared to last week and amounted to $74.15 per barrel. The maximum price for URALS reached $76.25 per barrel, and the minimum price reached $73 per barrel.
The average price for the reference grade of Dated Brent oil increased by $5.11 (5.94 percent) and amounted to $91.2 per barrel. The maximum price for Dated Brent reached $93.31 per barrel, and the minimum was $89.95 per barrel.
| Oil grade/date | 02.04.2024 | 03.04.2024 | 04.04.2024 | 05.04.2024 | average price |
| Azeri LT CIF | $91,85 | $92,65 | $91,95 | $94,72 | $92,79 |
| Azeri Light FOB Ceyhan | $90,27 | $91,07 | $90,36 | $93,12 | $91,21 |
| Urals (EX NOVO) | $73,00 | $74,02 | $73,31 | $76,25 | $74,15 |
| Dated Brent | $89,95 | $91,11 | $90,44 | $93,31 | $91,20 |