This week saw an increase in oil prices in Azerbaijan, Trend 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 $2.52 (2.7 percent) compared to the week before and amounted to $95.82 per barrel.
The maximum price during the reporting period was $97.68 per barrel, and the minimum – $94.28 per barrel.
Besides, this week, the average price of Azeri Light oil based on FOB in the Turkish port of Ceyhan was $93.88 per barrel, which is $1.78 (1.94 percent) more from the week before. The maximum price was $95.74 per barrel, and the minimum – $92.34 per barrel.
The average price of URALS crude oil increased by $3.41 (4.44 percent) compared to last week and amounted to $80.22 per barrel. The maximum price for URALS reached $82.26 per barrel, and the minimum – $78.52 per barrel.
The average price for Brent crude oil rose by $2.77 (3.07 percent) and amounted to $93.21 per barrel. The maximum price for Brent reached $95 per barrel, and the minimum – $91.76 per barrel.
Source: Trend News Agency