Review of Azerbaijani Oil Prices from 26 to 30 May
Azerbaijan, Baku, 2 June / Trend corr. A. Badalova/ From 26 to 30 May, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $131.81 per barrel or $1.65 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 - $130.26 per barrel.
The density of Azeri Light is 34.6 degrees by API and its sulphur content is 0.14%.
The average price of URALS (EX-NOVO) which Azerbaijan exports via Novorossiysk port was $121.68 per barrel or $2.12 per barrel up from the previous price. The maximum price was $122.91 per barrel and the minimum - $119.56.
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 $129 a barrel, which is 2.5 per barrel up from the previous price. Its maximum price was $129.88 per barrel and the minimum - $127.7.
The density of Brent Dated is 38.3 degrees API and its sulphur content is 0.36%.
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