2024-02-11 15:11:02
Oil prices fell 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, decreased by $1.19 (1.39 percent) compared to last week and amounted to $84.81 per barrel. The maximum price for this period reached $86.95 per barrel, and the minimum was $82.26 per barrel.
This week, the average price for Azeri Light oil FOB in the Turkish port of Ceyhan was $83.21 per barrel, which is $0.98, or 1.16 percent less than last week. The maximum price was $85.43 per barrel, and the minimum was $80.57 per barrel.
The average price for URALS oil decreased by $0.56 (0.88 percent) compared to last week and amounted to $62.97 per barrel. The maximum price for URALS reached $65.72 per barrel, and the minimum price reached $59.87 per barrel.
The average price for the benchmark Dated Brent oil fell by $0.45 (0.54 percent) to $82.21 per barrel. The maximum price for Dated Brent reached $84.75 per barrel, and the minimum was $79.23 per barrel.
| Oil grade/date | 05.02.2024 | 06.02.2024 | 07.02.2024 | 08.02.2024 | 09.02.2024 | average price |
| Azeri LT CIF | $82,26 | $83,81 | $84,41 | $86,95 | $86,61 | $84,81 |
| Azeri Light FOB Ceyhan | $80,57 | $82,17 | $82,84 | $85,43 | $85,06 | $83,21 |
| Urals (EX NOVO) | $59,87 | $61,50 | $62,43 | $65,34 | $65,72 | $62,97 |
| Dated Brent | $79,23 | $80,91 | $81,69 | $84,48 | $84,75 | $82,21 |