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Review of Azerbaijani Oil Prices from 16 to 20 June

Oil&Gas Materials 23 June 2008 14:15 (UTC +04:00)
Review of Azerbaijani Oil Prices from 16 to 20 June

Azerbaijan, Baku, 23 June/ Trend corr. A. Badalova/ From 16 to 20 June, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $136.6 per barrel or $0.24 per barrel less than the previous price, said the State Oil Company of Azerbaijan (SOCAR).

The maximum price was $138.56 per barrel, minimum - $134.46 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 $125.63 per barrel or $1.15 per barrel less than from the previous price.

The maximum price for URALS was $127.46 per barrel and the minimum - $123.71.

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 $132.26 a barrel, which is $1.82 per barrel less than the previous price. Its maximum price was $134.36 per barrel and the minimum - $129.85.

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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