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Review of Azerbaijani Oil Prices from 26 -30 November

Oil&Gas Materials 3 December 2007 19:51 (UTC +04:00)
Review of Azerbaijani Oil Prices from 26 -30 November

Azerbaijan, Baku /corr Trend A.Badalova / On 26-30 November, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $92.35 per barrel or $7.02 per barrel up from the previous price, according to the State Oil Company of Azerbaijan (SOCAR), which has produced Light Oil since 1997. The maximum price was $95.38 per barrel, minimum - $88.78 per barrel.

The density of Azeri Light is 34.6 degrees by API and its sulphur content is 0.14%.

The average price of URAL (EX-NOVO) which Azerbaijan exports to Novorossiysk port was $87.1 per barrel or $7.1 up from the previous price. The maximum price was $90.75 per barrel and the minimum - $82.66.

The density of URAL is 32 degrees by API and its sulphur content is up to 1.3%, whereas during its sale the specification of this brand of oil changes at different times depending on domination of high or less quality of oil in its composition.

The average price of Brent Dated was $92.3 a barrel, which is 7.96% more than the previous price. Its maximum price was $95.18 per barrel and the minimum - $88.5.

The density of DTD is 38.3 degrees API and its sulphur content is 0.36%.

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