Review of the price of Azerbaijani oil for the week

by times news cr

2024-10-07 20:44:18

Oil prices increased this week, Day.Az reported on Saturday.

Average price for grade oil Azeri Light based on CIFproduced at the Azerbaijani field “Azeri-Chirag-Guneshli“, increased by 1.6 US dollars (2.09 percent) compared to last week and amounted to $78.26 per barrel. The maximum price for this period reached $81.47 per barrel, and the minimum was $75.19 per barrel.

This week, the average price for Azeri Light oil FOB in the Turkish port of Ceyhan was $77.12 per barrel, which is $1.49, or 1.98 percent more than last week. The maximum price was $80.17 per barrel, and the minimum was $74.18 per barrel.

The average price for URALS oil increased by $2.19 (3.6 percent) compared to last week and amounted to $63.15 per barrel. The maximum price for URALS reached $66.49 per barrel, and the minimum price reached $59.92 per barrel.

The average price for the benchmark Dated Brent oil increased by $1.93 (2.61 percent) and amounted to $76.08 per barrel. The maximum price for Dated Brent reached $79.39 per barrel, and the minimum was $72.9 per barrel.

Oil grade/date30.09.202401.10.202402.10.202403.10.202404.10.2024Average price
Azeri LT CIF$75,19$77,69$76,89$80,04$81,47$78,26
Azeri Light FOB Ceyhan$74,18$76,67$75,79$78,78$80,17$77,12
Urals (EX NEW)$59,92$62,44$61,86$65,02$66,49$63,15
Dated Brent$72,90$75,38$74,78$77,95$79,39$76,08

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