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Azeri Light Crude Oil Prices Rise 0.6%, While FOB Ceyhan Decreases

Guavy AI Editorial Team
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Oil
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Azerbaijan's oil prices saw a mixed trend this week, according to data from oil market participants. The average price of Azeri Light (CIF) crude oil increased by $0.67 or 0.6% compared to the previous week, reaching $121.75 per barrel.

The highest price for Azeri Light (CIF) this week was $124.76 per barrel, while the lowest was $118.22.

In contrast, the average price of Azeri Light crude on a FOB basis at the Turkish port of Ceyhan decreased by $0.08 or 0.1% compared to the previous week, reaching $114.30 per barrel.

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