BAKU, Azerbaijan, October 4. The tides of the market have shifted, as the values of Azeri Light CIF, Azeri Light FOB Ceyhan, Urals (EX NOVO), and Dated Brent have all taken a plunge this week, Trend reports.
The average price of Azeri Light CIF oil produced at Azerbaijan's Azeri-Chirag-Gunashli field fell by $2.27, or 3.16 percent, compared to last week, to $69.57 per barrel.
The highest price for this grade of oil during the reporting period hit $70.65 per barrel, while the lowest dipped to $69.21 per barrel.
This week, the average price of Azeri Light crude oil on FOB terms at the Turkish port of Ceyhan was $68.03 per barrel, which is $2.23, or 3.17 percent, less than a week before. During the reporting period, the maximum price for this grade of oil was $69.11 per barrel, and the minimum price $66.95 per barrel.
URALS oil averaged $54.62 per barrel, down $3.03, or 5.25 percent, from last week. The highest price for URALS oil during the week was $56.04 per barrel, and the lowest $53.32 per barrel.
Dated Brent crude oil averaged $67.34 per barrel for the week, down $2.14, or 3.08 percent, from last week. The highest price for Dated Brent crude oil for the week was $68.85 per barrel, and the lowest $66.01 per barrel.
|
Oil type/date |
29.09.2025 |
30.09.2025 |
1.10.2025 |
2.10.2025 |
3.10.2025 |
Average price |
|
Azeri LT CIF |
$70,65 |
$69,86 |
$69,61 |
$68,51 |
$69,21 |
$69,57 |
|
Azeri Light FOB Ceyhan |
$69,11 |
$68,32 |
$68,07 |
$66,95 |
$67,69 |
$68,03 |
|
Urals (EX NOVO) |
$56,04 |
$55,14 |
$54,75 |
$53,32 |
$53,84 |
$54,62 |
|
Dated Brent |
$68,85 |
$67,94 |
$67,43 |
$66,01 |
$66,49 |
$67,34 |
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