2024-03-27 16:54:37
Oil prices increased last week, Day.Az reported on Tuesday.
The average price for Azeri Light oil on a CIF basis, produced at the Azerbaijani Azeri-Chirag-Gunashli field, increased by $1.01 (1.16 percent) compared to the week before and amounted to $88.08 per barrel. The maximum price for this period reached $89.57 per barrel, and the minimum was $87.17 per barrel.
Last week, the average price for Azeri Light oil FOB in the Turkish port of Ceyhan was $86.55 per barrel, which is $0.96, or 1.12 percent more than the week before last. The maximum price was $88.03 per barrel, and the minimum was $85.63 per barrel.
The average price for URALS oil increased by $1.83 (2.73 percent) compared to the week before and amounted to $68.92 per barrel. The maximum price for URALS reached $70.12 per barrel, and the minimum price reached $68.25 per barrel.
The average price for the benchmark Dated Brent oil increased by $1.38 (1.64 percent) to $85.82 per barrel. The maximum price for Dated Brent reached $87.24 per barrel, and the minimum was $84.9 per barrel.
Oil grade/date |
18.03.2024 |
19.03.2024 |
20.03.2024 |
21.03.2024 |
22.03.2024 |
average price |
Azeri LT CIF |
$88,57 |
$89,57 |
$87,92 |
87,17 |
$87,17 |
$88,08 |
Azeri Light FOB Ceyhan |
$87,06 |
$88,03 |
$86,36 |
85,66 |
$85,63 |
$86,55 |
Urals (EX NOVO) |
$69,13 |
$70,12 |
$68,71 |
68,41 |
$68,25 |
$68,92 |
Dated Brent |
$86,24 |
$87,24 |
$85,55 |
85,18 |
$84,90 |
$85,82 |