BAKU, Azerbaijan, October 16. Oil prices decreased last week, TurkicWorld reports.
The average price of Azeri LT CIF Augusta crude oil, which is produced at the Azeri-Chirag-Gunashli block of Azerbaijani fields, decreased by $1.31 (1.39 percent) compared the week before and amounted to $93.3 per barrel.
The maximum price during the reporting period was $95.06 per barrel, and the minimum – $91.11 per barrel.
Last week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $92.1 per barrel, which is $1.5 (1.6 percent) less from the week before. The maximum price was $93.4 per barrel, and the minimum - $96.06 per barrel.
The average price of URALS crude oil decreased by $0.44 (0.57 percent) compared to last week and amounted to $76.81 per barrel. The maximum price for URALS reached $79.22 per barrel, and the minimum – $74.51 per barrel.
The average price for Brent crude oil decreased by $1.08 (1.18 percent) and amounted to $90.44 per barrel. The maximum price for Brent reached $92.74 per barrel, and the minimum – $88.04 per barrel.
|
Oil type |
October 9, 2023 |
October 10, 2023 |
October 11, 2023 |
October 12, 2023 |
October 13, 2023 |
Average price |
|
Azeri LT CIF |
$94.42 |
$93.48 |
$91.11 |
$92.47 |
$95.06 |
$93.3 |
|
Azeri Light FOB Ceyhan |
$93.39 |
$92.45 |
$90.06 |
$91.2 |
$93.4 |
$92.1 |
|
Urals (EX NOVO) |
$77.56 |
$76.90 |
$74.51 |
$75.87 |
$79.22 |
$76.81 |
|
Brent Dated |
$91.34 |
$90.71 |
$88.04 |
$89.37 |
$92.74 |
$90.44 |
(1 USD = 1.7 AZN on October 16, 2023)
