The price for AZERI LT CIF on 28 October was $60,30/barell (grew for $0,93/barrel as compared to the previous price). The density of Azeri Light is 34,9 degrees by API, the sulphur content is 0,14%.
The price for URAL (EX-NOVO) on 28 October was $53,90/barrel (increased for $1,87/barrel). The density of the URAL oil is 32 degrees by API, the sulphur content is 1,3%.
The price for Brent (DTD) on 28 October was $58,50/barrel (grew for $1,22/barrel). The density of DTD is 38,3 degrees by API, the sulphur content is 0,36%.
The AZERI LT CIF quotation reflects the cost of the Azerbaijan’s oil with delivery to the Mediterranean ports, shipped by the stockholders of the Azerbaijan International Operating Company (AIOC) at the Georgian terminal in Supsa. The quotation of URAL (EX-NOVO) reflects the price of the oil, shipped at the Russian terminal in Novorossiysk.