BAKU, Azerbaijan, September 3. Azerbaijani oil prices increased last week, TurkicWorld reports.
The price of Azeri Light crude oil on a CIF basis, straight from the Azeri-Chirag-Gunashli field in Azerbaijan, grew by $2.71 (3.37 percent) compared to the previous week, reaching a solid $83.03 per barrel. The price during that time period hit the roof at $84.04 per barrel, while it hit rock bottom at $81.69 per barrel.
The Azeri Light crude oil price averaged $81.95 per barrel FOB in Türkiye's Ceyhan port last week, up $2.74, or 3.46 percent, from the previous week. The maximum price was $82.97 per barrel, and the minimum was $80.62 per barrel.
The URALS crude oil price averaged $1.14 (1.73 percent) higher than the previous week at $67.11 per barrel. The maximum price for URALS reached $68.09 per barrel, and the minimum price reached $65.63 per barrel.
The benchmark Dated Brent crude oil average price rose by $1.13 (1.41 percent) to $81.46 per barrel. The maximum price for Dated Brent reached $82.43 per barrel and the minimum was $79.99 per barrel.
Oil grade/date |
27.08.2024 |
28.08.2024 |
29.08.2024 |
30.08.2024 |
Average price |
|
Azeri LT CIF |
$83.76 |
$82.62 |
$84.04 |
$81.69 |
$83.03 |
|
Azeri Light FOB Ceyhan |
$82.65 |
$81.55 |
$82.97 |
$80.62 |
$81.95 |
|
Urals (EX NOVO) |
$67.99 |
$66.74 |
$68.09 |
$65.63 |
$67.11 |
|
Dated Brent |
$82.35 |
$81.07 |
$82.43 |
$79.99 |
$81.46 |