Review of Azerbaijani Oil Prices from 28 April to 2 May
Azerbaijan, Baku, 5 May / Trend corr. A. Badalova/ From 28 April to 2 May, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $114.7 per barrel or $2.43 per barrel down from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $118.39 per barrel, minimum - $110.64 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 $105.21 per barrel or $2.96 per barrel down from the previous price. The maximum price was $109.1 per barrel and the minimum - $101.02.
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 $111.76 a barrel, which is 2.59 per barrel down from the previous price. Its maximum price was $115.99 per barrel and the minimum - $107.35.
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]