BAKU, Azerbaijan, September 28. Oil prices have declined this week, TurkicWorld report.
The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Guneshli field fell by $0.57 (0.74 percent) compared to last week and amounted to $76.66 per barrel. The maximum price for the period reached $78.21 per barrel, while the minimum price reached $74.35 per barrel.
Azeri Light crude oil price averaged $75.62 per barrel FOB in Türkiye's Ceyhan port this week, which is $0.53 or 0.7 percent less than last week. The highest price was $77.17 a barrel and the lowest was $73.33 a barrel.
URALS crude oil price averaged $0.63 (1.02 percent) lower than last week at $60.95 per barrel. The top price for URALS reached $62.39 per barrel, while the lowest price was $59.03 per barrel.
The Dated Brent benchmark oil price fell by $1.1 (1.47 percent) to $74.15 per barrel. The peak price for Dated Brent reached $75.82 per barrel, and the minimum - $71.98 per barrel.
| Oil grade/date | 23.09.2024 | 24.09.2024 | 25.09.2024 | 26.09.2024 | 27.09.2024 | Average price |
| Azeri LT CIF | $77,35 | $78,21 | $77,94 | $75,43 | $74,35 | $76,66 |
| Azeri Light FOB Ceyhan | $76,28 | $77,17 | $76,91 | $74,43 | $73,33 | $75,62 |
| Urals (EX NOVO) | $61,71 | $62,39 | $62,10 | $59,54 | $59,03 | $60,95 |
| Dated Brent | $75,17 | $75,82 | $75,27 | $72,50 | $71,98 | $74,15 |
