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Review of Azerbaijani Oil Prices from 10-14 March

Oil&Gas Materials 17 March 2008 13:12 (UTC +04:00)
Review of Azerbaijani Oil Prices from 10-14 March

Azerbaijan, Baku, 17 March / corr Trend A.Badalova / From10-14 March, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $108.48 per barrel or $5.22 per barrel up from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $109.87 per barrel and the minimum - $106.44 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 $100.57 per barrel or $5.57 per barrel up from the previous price. The maximum price was $101.79 per barrel and the minimum - $98.99.

The density of URAL is 32 degrees by API and its sulphur content is up to 1.3%, however the sale specification of this oil brand differs at different times depending upon the domination of more (or less) qualitative oil in its composition.

The average price of Brent Dated was $107.88 a barrel, which is $5.84% up from the previous price. Its maximum price was $109.09 per barrel and the minimum - $105.9.

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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