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Review of Azerbaijani Oil Prices from 28 January to 1 February

Oil&Gas Materials 4 February 2008 18:38 (UTC +04:00)
Review of Azerbaijani Oil Prices from 28 January to 1 February

Azerbaijan, Baku, 4 February /corr Trend A.Badalova / On 28 January - 1 February, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $92.73 per barrel or $3.13 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 $93.47 per barrel, minimum - $91.99 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 $87.7 per barrel or $3.74 up from the previous price. The maximum price was $88.46 per barrel and the minimum - $86.31.

The density of URAL is 32 degrees by API and its sulphur content is up to 1.3%.

The average price of Brent Dated was $91.9 a barrel, which is 3.59% more than the previous price. Its maximum price was $92.8 per barrel and the minimum - $90.97.

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

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