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Azerbaijan's oil prices as for May 18-22

Business Materials 25 May 2009 14:26 (UTC +04:00)

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

On May 18-22, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was $59.84 per barrel or $1.84 per barrel more than the previous price.

The maximum price was $61.1 per barrel. The minimum price was $58.05.

The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $56.87per barrel, or $1.97more than the previous price. 

The maximum price was $55.18 per barrel and the minimum - $54.66.

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 $57.77 per barrel, or $1.25 more than the previous price.   

The maximum price was $58.98per barrel and the minimum - $56.3.

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

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