Last week (October 30-November 3), the average price on AZERI LT (CIF) oil brand, Azerbaijan sells via the Georgian Ports Supsa and Batumi was $57.51 per barrel, which is by $2.18 per barrel or on 3.7% 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 30 November 3) was $58.37 per barrel versus $60.77 per barrel the preceding week. The minimum price was $57.12 per barrel versus $57.92 per barrel the preceding week
On October 30 November 3, the average price on the oil brand URAL (EX-NOVO), Azerbaijan sells via the Russian Port of Novorossiysk was $52.49 a barrel that on $1.78 a barrel or on 3.3% less versus the average price on the corresponding oil brand had been fixed in the preceding week. The maximum price on URAL (October 30 November 3) was $53.27 a barrel versus $55.52 a barrel the preceding week, the minimum one $52.10 a barrel versus $52.08 a barrel in the preceding week.
On October 30 November 3, the average price on the etalon oil brand Brent (DTD) made up $56.27 per barrel that on $1.57 per barrel or on 2.8% 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 $56.83 a barrel against $58.95 a barrel in the preceding week, the minimum one - $56.06 per barrel against $55.96 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%.