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Review of Azerbaijani Oil Prices from 18 to 22 February

Oil&Gas Materials 25 February 2008 18:36 (UTC +04:00)
Review of Azerbaijani Oil Prices from 18 to 22 February

Azerbaijan, Baku, 25 February / Trend corr. A. Badalova / On 18-22 February, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $98.66 per barrel or $2.8 per barrel up from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $99.88 per barrel, minimum - $96.75 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 $91.47 per barrel or $2.11 per barrel up from the previous price. The maximum price was $92.54 per barrel and the minimum - $89.83.

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 $96.78 a barrel, which is 1.63% up from the previous price. Its maximum price was $97.94 per barrel and the minimum - $95.21.

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

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