Baku, Azerbaijan, Sept. 28
By Maksim Tsurkov – Trend:
The average price of North American crude on September 27 amounted to $43.86 per barrel, or $0.98 less than on September 26, said a source on the Azerbaijani oil and gas market.
The spot price for US crude oil WTI (Cushing), produced in the US state of Texas, on September 27 rose $0.95 to stand at $44.65 per barrel. The density of WTI is 40 degrees API, sulfur content - 0.4-0.5 percent. This sort of oil is mainly used to produce gasoline and therefore the demand for it is high, particularly in the US and China.
The price of US crude oil WTS (Midland) was $43.03 per barrel on September 27, or $0,82 less than the previous price. The density of WTS is not less than 30 degrees API, sulfur content - 2.5 percent.
The cost of LLS light oil amounted to $46.25 per barrel, or $0.97 less than the previous figure. Density of LLS oil is 35.6 degrees API, sulfur content - 0.37 percent.
The price of American Mars oil September 27 was $41.75 a barrel, $0.9 less than the previous price. Density of Mars is 28.9 degrees API, sulfur content - 2.05 percent.
The price of North American oil Bakken on September 27 amounted to $43.63 per barrel, which is $1.27 less than on 26 September. Bakken density is 39-40,9 degrees API, sulfur content - 0,17-0,2 percent.
The price of October futures for North American crude oil Nymex Light Sweet on September 27 was $44.67 per barrel, or $ 1.26 less than the previous figure.
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