WEDNESDAY, JULY 15, 2026|No. 7294
Energy · Oil · Azerbaijan

Azerbaijan Crude Oil Prices Fall Sharply in Weekly Review

All major grades of Azerbaijani crude oil declined by 5-9% in the week ending June 12, with Azeri Light CIF averaging $95.81 per barrel.

Weekly average prices for Azeri Light and Urals crude saw declines of up to 8.7%.
Weekly average prices for Azeri Light and Urals crude saw declines of up to 8.7%.
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Weekly review of oil prices in Azerbaijan

BAKU, Azerbaijan, June 13. The common costs of Azeri Mild CIF, Azeri Mild FOB Ceyhan, Dated Brent and Urals crude oil decreased final week, Pattern reviews.

The value of Azeri Mild CIF crude, produced on the Azeri-Chirag-Gunashli subject in Azerbaijan, declined by $6.37, or 6.2%, in comparison with final week, to $95.81 per barrel. In accordance with the information, the utmost worth for this grade of crude oil throughout the week was $100.09 per barrel, and the minimal was $90.50.

The common worth of Azeri Mild crude oil on a FOB foundation on the Turkish port of Ceyhan was $93.49 per barrel, which is $6.33, or 6.3%, lower than final week. Through the week, the utmost worth was $97.67 per barrel, and the minimal was $88.23.

The value of Urals crude oil decreased by $6.52, or 8.7%, in comparison with the earlier week, standing at $68.40 per barrel. Through the week, the utmost worth was $72.81, and the minimal was $63.02.

The Dated Brent crude oil worth averaged $94.11, down by $5.02, or 5.1%, in comparison with the earlier week. Through the week, the most worth was $98.66 per barrel, and the minimal was $88.23.

Oil / Value08.06.202609.06.202610.06.202611.06.202612.06.2026Common worth
Azeri LT CIF$100.09$95.27$96.36$96.85$90.50$95.81
Azeri Mild FOB Ceyhan$97.67$92.95$94.04$94.56$88.23$93.49
Urals (EX NOVO)$72.81$67.87$68.90$69.42$63.02$68.40
Dated Brent$98.66$93.76$94.81$95.08$88.23$94.11

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PAN's pipeline reviewed approximately 1 open sources for this article. No human editor reviewed this article before publication.

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