The cost of Azerbaijani oil per week – 2024-03-27 16:54:37

by times news cr

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

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