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Weekly review of oil prices in Azerbaijan

Weekly review of oil prices in Azerbaijan

trend.az 30.08.2026 15:05 5 views

The average prices of Azeri Light CIF, Azeri Light FOB Ceyhan, Dated Brent, and Urals crude oil decreased last week (August 24-28). According to Trend's calculations based on data from the oil market source, the price of Azeri Light CIF crude, produced at the Azeri-Chirag-Gunashli field in Azerbaijan, dropped by $2.28, or 2.4%, compared to the previous week (August 17-21), to $92.75 per barrel. Data shows that the maximum price for this grade of crude oil during the week (August 24-28) was $95.13 per barrel, and the minimum was $91.51.

The average price of Azeri Light crude oil on a FOB basis at the Turkish port of Ceyhan was $89.39 per barrel, which is $2.13, or 2.3%, less than the previous week (August 17-21). During the week (August 24-28), the maximum price was $91.62 per barrel, and the minimum was $88.11. The price of Urals crude oil fell by $1.78, or 2.6%, compared to the previous week (August 17-21), standing at $65.70 per barrel.

During the week (August 24-28), the maximum price was $68.41, and the minimum was $64.32. The Dated Brent crude oil price averaged $89.80, down by $3.15, or 3.4%, compared to the previous week (August 17-21). During the week (August 24-28), the maximum price was $92.60 per barrel, and the minimum was $88.53.

Source: https://www.trend.az/business/energy/4218857.html © 2026 Trend News Agency.

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