BAKU: Oil prices saw a decline last week, Trend reports.

The average price of Azeri Light oil on a CIF basis, produced at the Azeri-Chirag-Gunashli field in Azerbaijan, decreased by $1.46 (1.6 percent) compared to last week and amounted to $89.34 per barrel. The maximum price during the period reached $90.68 per barrel, while the minimum price reached $88.3 per barrel.

The average price of Azeri Light crude oil FOB at Trkiye’s Ceyhan port averaged $87.71 per barrel this week, which is $1.37, or 1.54 percent, less than last week. The maximum price was $89.03 per barrel, and the minimum was $86.66 per barrel.

The URALS crude oil price averaged $0.77 (1.07 percent) lower than last week at $71.49 per barrel. The maximum price for URALS reached $72.66 per barrel, and the minimum price reached $70.54 per barrel.

The benchmark Dated Brent crude oil average price decreased by $0.82 (0.92 percent) to $88.7 per barrel. The maximum price for Dated Brent reached $89.64 per barrel, and the minimum was $87.56 per barre
l.

Source: Trend News Agency