BAKU, Azerbaijan, November 25. Last week has seen a growth in oil prices, TurkicWorld reports.
The average price of Azeri Light crude oil on a CIF basis produced at Azerbaijan's Azeri-Chirag-Gunashli field increased by $1.11 (1.5 percent) compared to the previous week and amounted to $75.32 per barrel. The maximum price during the period reached $76.52 per barrel, while the minimum price was $74.4 per barrel.
The Azeri Light crude oil price averaged $74.15 per barrel FOB at the Turkish port of Ceyhan last week, which is $1.03 (1.41 percent) more than the previous week. The highest price was $75.3 per barrel, and the lowest was $73.25 per barrel.
The URALS crude oil price rose by $1.18 (1.95 percent) from the previous week to $61.4 per barrel. The top price for URALS reached $62.64 per barrel, and the lowest price reached $60.55 per barrel.
The benchmark Dated Brent crude oil average price went up by $1.69 (2.3 percent) to $74.89 per barrel. The peak price for Dated Brent reached $76.12 per barrel, and the minimum was $74.05 per barrel.
Oil grade/date |
18.11.2024 |
19.11.2024 |
20.11.2024 |
21.11.2024 |
22.11.2024 |
Average price |
Azeri LT CIF |
$75.18 |
$74.4 |
$74.88 |
$75.6 |
$76.52 |
$75.32 |
Azeri Light FOB Ceyhan |
$74.08 |
$73.25 |
$73.73 |
$74.37 |
$75.3 |
$74.15 |
Urals (EX NOVO) |
$61.06 |
$60.55 |
$61.02 |
$61.71 |
$62.64 |
$61.4 |
Dated Brent |
$74.54 |
$74.05 |
$74.52 |
$75.21 |
$76.12 |
$74.89 |