Last week (October 16-20), the average price on AZERI LT (CIF) oil brand, Azerbaijan sells via the Georgian Ports Supsa and Batumi was $59.32 per barrel that on $0.03 per barrel or on 0.1% less versus the average price of the corresponding oil brand had been fixed in the preceding week, Trend reports. The maximum price on AZERI LT (over October 16-20) was $60.33 per barrel versus $60.32 per barrel the preceding week. The minimum price was $58.90 per barrel versus $58.71 per barrel the preceding week.
In October 16-20, the average price on the oil brand URAL (EX-NOVO), Azerbaijan sells via the Russian Port of Novorossiysk was $53.67a barrel that on $1.65 a barrel or on 3% less versus the average price on the corresponding oil brand had been fixed in the preceding wee;. The maximum price on URAL (in October, 16-20) was $54.63 a barrel versus $59.09 a barrel the preceding week, the minimum one $53,25 a barrel versus $54.12 a barrel in the preceding week.
In October 16-20, the average price on the etalon oil brand Brent (DTD) made up $58.26 per barrel that on $0.02 per barrel or on 0.1% less against the average price on the corresponding oil brand had been fixed in the preceding week. Last week, the minimum price on Brent made up $59.23 a barrel against $59.09 a barrel in the preceding week, the minimum one - $57.45 per barrel against $57.70 per barrel in the preceding week.
The density of Azeri Light is 34.6 degrees by API, the sulfur content is 0.14%. The density of URAL is 30.4-31.85 degrees by API, sulfur content is up to 1.8%. However, during selling this oil brand, its specifications vary depending on prevailing oil brands of high-quality or poor-quality in its content. The density of DTD is 38.3 degrees API, its sulphur content 0.36%.