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Oil prices and dynamics of monetary market of Azerbaijan (July 13-17)

Analysis Materials 22 July 2015 12:07 (UTC +04:00)

Oil market

The average price for AZERI LT, exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports to Italian Augusta port, was $59.74 per barrel on July 13-17, or $0.69 more than the previous week.

The maximum price for AZERI LT was $60.07 per barrel and the minimum price was $58.88 per barrel during the reporting period.

The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port stood at $55.52 per barrel or $0.09 per barrel more than the previous week.

The maximum price for Urals totaled $56.07 per barrel and the minimum - $55.43 per barrel.

Urals' density is 32 degrees API with sulfur content up to 1.3 percent. The oil grade's specifications vary when sold depending on its high/low-quality content.

The average price for Brent Dated was $57.26 per barrel or $0.66 per barrel more than the previous week.

The maximum price for Brent was $57.59 per barrel and the minimum - $56.48 during the reporting period.

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