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Azerbaijan's oil prices as for May 11-15

Business Materials 18 May 2009 13:35 (UTC +04:00)

Azerbaijan, Baku, May 18 / Trend , A.Badalova /

On May 11-15, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was $58 per barrel or $2.8 per barrel more than the previous price.

The maximum price was $59.01 per barrel. The minimum price was $57.24.

Azeri Light's density is 34.6 degrees API with 0.14-percent sulfur content.

The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $54.9 per barrel, or $2.54 more than the previous price. 

The maximum price was $55.86 per barrel and the minimum - $54.22.

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 on Brent Dated was $56.52 per barrel, or $2.26 more than the previous price.   

The maximum price was $57.49 per barrel and the minimum - $5.82.

Brent Dated's density is 38.3 degrees API with sulfur content of 0.36 percent.  

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