Weekly review of Azerbaijani oil prices

BAKU, Azerbaijan, April 4. The average prices
of Azeri LT CIF, Azeri Light FOB Ceyhan, Urals, and Dated Brent
crude oil brands increased this week, Trend reports.

The average price of Azeri Light CIF oil produced at
Azerbaijan’s Azeri-Chirag-Gunashli field went up by $14.96, or
12.6%, compared to last week, reaching $133.21 per barrel.

The highest price for this grade of oil during the reporting
period was $141.68 per barrel, while the lowest price dropped to
$128.05 per barrel.

This week, the average price of Azeri Light crude oil on FOB
terms at the Turkish port of Ceyhan was $126.46 per barrel, which
is $14.37, or 12.8%, more than a week before.

Over the reporting period, the maximum price for this grade of
oil was $135.15 per barrel, and the minimum price was $121.05 per
barrel.

URALS oil averaged $10039 per barrel, up $16.22, or 19.3%, from
last week. The highest price for URALS oil during the week was
$110.04 per barrel, and the lowest was $95.1 per barrel.

Dated Brent crude oil averaged $130.14 per barrel for the week,
up $16.39, or 14.4%, from last week. The highest price for Dated
Brent crude oil for the week was $141.37 per barrel, and the lowest
was $123.49 per barrel.

The stock market is closed April 4 due to a holiday in the UK.
Consequently, the information pertaining to that date remains
undisclosed.