Weekly review of Azerbaijan’s oil prices

BAKU, Azerbaijan, February 10. Oil costs in
Azerbaijan have lagged behind their preious indicators by working
downhill, Pattern reviews.

The common worth of Azeri Gentle crude oil on a CIF foundation
produced at Azerbaijan’s Azeri-Chirag-Guneshli area fell by $1.19
(1.39 p.c) in comparison with final week and amounted to $84.81 per
barrel. The utmost worth throughout the interval reached $86.95 per
barrel, whereas the minimal worth reached $82.26 per barrel.

Within the present week, the typical worth of Azeri Gentle crude oil
FOB in Türkiye’s Ceyhan port amounted to $83.21 per barrel, down
$0.98, or 1.16 p.c, from final week. The utmost worth was
$85.43 per barrel, and the minimal was $80.57 per barrel.

The common worth of URALS crude oil decreased by $0.56 (0.88
p.c) from final week to $62.97 per barrel. The utmost worth for
URALS reached $65.72 per barrel, whereas the minimal worth reached
$59.87 per barrel.

The common worth for the benchmark Dated Brent crude oil grade
fell by $0.45 (0.54 p.c) to $82.21 per barrel. The utmost
worth for Dated Brent reached $84.75 per barrel, and the minimal
was $79.23 per barrel.

Oil grade/date
05.02.2024
06.02.2024
07.02.2024
08.02.2024
09.02.2024
Common worth

Azeri LT CIF
$82,26
$83,81
$84,41
$86,95
$86,61
$84,81

Azeri Gentle FOB Ceyhan
$80,57
$82,17
$82,84
$85,43
$85,06
$83,21

Urals (EX NOVO)
$59,87
$61,50
$62,43
$65,34
$65,72
$62,97

Dated Brent
$79,23
$80,91
$81,69
$84,48
$84,75
$82,21

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