Azernews.Az

This week, the average prices of Azeri LT CIF, Azeri Light FOB Ceyhan, and Dated Brent crude oil increased, while the average price of Urals (EX NOVO) crude oil saw a decline, Azernews reports.

The average price of Azeri Light crude oil, based on CIF from Azerbaijan's Azeri-Chirag-Gunashli field, rose by $0.1 (0.13%) from the previous week, reaching $77.69 per barrel. During this period, the maximum price peaked at $78.89 per barrel, while the lowest stood at $76.80 per barrel.

For this week, the average FOB price for Azeri Light crude at the Turkish port of Ceyhan was $76.31 per barrel, an increase of $0.16 (1%) compared to last week. The highest price recorded was $77.51 per barrel, and the lowest was $75.38 per barrel.

In contrast, the price of URALS crude oil fell to an average of $60.73 per barrel, a slight decrease of $0.06 (0.1%) from the prior week. The peak price for URALS was $61.74 per barrel, while the lowest price was $59.74 per barrel. Meanwhile, the Dated Brent benchmark oil price increased by $0.1 (0.13%), arriving at $75.90 per barrel, with a high of $76.98 per barrel and a low of $75.02 per barrel.