Review of Azerbaijani Oil Prices from 4 to 8 February
Azerbaijan, Baku, 4 February /corr Trend A.Badalova / On 4 - 8 February, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $90.82 per barrel or $1.91 per barrel down from the previous price, according to the State Oil Company of Azerbaijan (SOCAR), which has produced Light Oil since 1997. The maximum price was $92.29 per barrel, minimum - $89.36 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 $84.64 per barrel or $3.06 down from the previous price. The maximum price was $86.39 per barrel and the minimum - $82.72 per barrel.
The density of URAL is 32 degrees by API and its sulphur content is up to 1.3%, however while selling the specification of this brand of oil changes depending on domination of the qualitative oil in its composition.
The average price of Brent Dated was $89.81 a barrel, which is 2.09% less than the previous price. Its maximum price was $91.25 per barrel and the minimum - $88.28 per barrel.
The density of DTD is 38.3 degrees API and its sulphur content is 0.36%
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