BAKU, Azerbaijan, February 3. Oil prices have
changed multi-directionally this week, Trend reports.
The average price of Azeri Light oil on the CIF base, produced
at the Azeri-Chirag-Guneshli field in Azerbaijan, decreased by
$0.18 (0.2 percent) compared to last week and amounted to $86 per
barrel. The maximum price during the period reached $87.54 per
barrel, while the minimum price reached $82.3 per barrel.
The average price of Azeri Light crude oil based on FOB in the
Turkish port of Ceyhan, averaged $84.19 per barrel this week, down
$0.26, or 0.31 percent, from last week. The maximum price was
$85.66 per barrel and the minimum was $80.56 per barrel.
The average price for URALS crude oil rose $0.63 (one percent)
from last week to $63.53 per barrel. The maximum price for URALS
reached $65.02 per barrel, and the minimum – $59.9 per barrel.
The average price of Dated Brent, the benchmark crude oil, rose
by $0.03 (0.03 percent) to $82.66 per barrel. The maximum price for
Dated Brent reached $84.11 per barrel, and the minimum – $79.08 per
barrel.
| Oil grade/date | 29.01.2024 | 30.01.2024 | 31.01.2024 | 01.02.2024 | 02.02.2024 | Average price |
| Azeri LT CIF | $87,40 | $87,54 | $86,28 | $86,50 | $82,30 | $86,00 |
| Azeri Light FOB Ceyhan | $85,51 | $85,66 | $84,44 | $84,76 | $80,56 | $84,19 |
| Urals (EX NOVO) | $64,84 | $65,02 | $63,80 | $64,07 | $59,90 | $63,53 |
| Dated Brent | $83,99 | $84,11 | $82,78 | $83,32 | $79,08 | $82,66 |
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