Baku: Average prices for Azeri Light CIF and Azeri Light FOB Ceyhan rose, while prices for Urals (EX NOVO) and Dated Brent fell this week, Trend reports. The average price of Azeri Light CIF oil produced at Azerbaijan’s Azeri-Chirag-Gunashli field increased by $0.23, or 0.33 percent, compared to the previous week, reaching $69.72 per barrel.

According to Trend News Agency, the maximum price for Azeri Light CIF during the reporting period was $71.25 per barrel, and the minimum was $67.48 per barrel. Meanwhile, the average price of Azeri Light crude oil on FOB terms at the Turkish port of Ceyhan rose by $0.27, or 0.4 percent, to $68.25 per barrel. The maximum price for this grade was $69.76 per barrel, and the minimum was $66.01 per barrel during the week.

Urals oil averaged $56.51 per barrel, showing an increase of $0.37, or 0.66 percent, from the previous week. The highest price for Urals oil during the week was $56.51 per barrel, while the lowest was $54.33 per barrel.

Dated Brent crude oil averaged $67.75 per barrel for the week, marking an increase of $0.25, or 0.37 percent, from the previous week. The highest price for Dated Brent crude oil for the week was $69.43 per barrel, with the lowest being $65.36 per barrel.