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Review of Azerbaijani Oil Prices from 21 to 25 April

Oil&Gas Materials 28 April 2008 17:43 (UTC +04:00)
Review of Azerbaijani Oil Prices from 21 to 25 April

Azerbaijan, Baku, 28 April / Trend corr. A. Badalova/ On 21-25 April, the average price of AZERI LT CIF Augusta, which Azerbaijan exports via the ports of Supsa and Batumi, was $117.13 per barrel or $4.06 per barrel up from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $118.75 per barrel and the min - $114.62 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 via Novorossiysk port, was $108.17 per barrel or $3.22 per barrel up from the previous price. The maximum price was $109.73 per barrel and the minimum - $105.74.

The density of URAL is 32 degrees by API and its sulphur content is up to 1.3%. However, specifications of this oil grade change when being sold depending on domination of high/low-quality oil in its content.

The average price of Brent Dated was $114.35 a barrel, which is 4.12 per barrel up from the previous price. Its maximum price was $116.49 per barrel and the min - $111.27.

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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