Weekly review of Azerbaijan’s oil market

Tokyo, 13 August, /AJMEDIA/

Azerbaijani oil prices have increased this week, AJMEDIA reports.

The average price of Azeri LT CIF Augusta crude oil, which is produced at the Azeri-Chirag-Gunashli block of Azerbaijani fields, increased by $1.69 (1.9 percent) this week compared to last week’s figure and amounted to $90.53 per barrel.

The maximum price during the reporting period was $91.4 per barrel, and the minimum was $89.45.

This week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $87.91 per barrel, which is $1.68 (1.91 percent) more than last week. The maximum price for it was $90.46 per barrel, and the minimum was $88.5.

The average price of URALS crude oil increased by $3.34 (4.74 percent) compared to last week and amounted to $73.75 per barrel. The maximum price for URALS reached $74.72 per barrel, while the minimum was $72.74.

The average price for Brent crude oil grew by $1.72 (two percent) and amounted to $87.27 per barrel this week. The maximum price for Brent reached $88.43 per barrel, and the minimum was $86.46 per barrel.

Follow us on social

Facebook Twitter Youtube

Related Posts