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Review of Azerbaijani Oil Prices from 3 to 7 March

Oil&Gas Materials 12 March 2008 12:10 (UTC +04:00)
Review of Azerbaijani Oil Prices from 3 to 7  March

Azerbaijan, Baku, 11 March / Trend corr. A.Badalova / On 3-7 March, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $103.26 per barrel or $2.27 per barrel up from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $106.1 per barrel, minimum - $99.79 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 $95.54 per barrel or $1.61 per barrel up from the previous price. The maximum price was $98.34 per barrel and the minimum - $92.09.

The density of URAL is 32 degrees by API and its sulphur content is up to 1.3%, whereas while sale the specification of this oil brand varies depending on domination of qualitative oil in its composition.

The average price of Brent Dated was $102.04 a barrel, which is 2.88% up from the previous price. Its maximum price was $105.04 per barrel and the minimum - $98.47.

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

The correspondent can be contacted at: [email protected]

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