Review of Azerbaijani Oil Prices from 19 to 23 May
Azerbaijan, Baku, 26 May / Trend corr. A. Badalova/ From 19 to 23 May, the average price of AZERI LT CIF Augusta, which Azerbaijan exports via the ports of Supsa and Batumi, was $130.16 per barrel or $4.5 per barrel up from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $133.11 per barrel, minimum - $125.4 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 $119.91 per barrel or $4.11 per barrel up from the previous price. The maximum price was $122.96 per barrel and the minimum - $115.19.
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 $126.5 a barrel, which is 3.88 per barrel up from the previous price. Its maximum price was $129.88 per barrel and the minimum - $122.01.
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]