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Review of Azerbaijani Oil Prices from 23 to 27 June

Oil&Gas Materials 30 June 2008 13:18 (UTC +04:00)
Review of Azerbaijani Oil Prices from 23 to 27 June

Azerbaijan, Baku, 30 June / Trend corr. A.Badalova/ From 23 to 27 June, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $139.64 per barrel or $3.04 per barrel up from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $143.19 per barrel, minimum - $135.63 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 $129.06 per barrel or $3.43 per barrel up from the previous price. The maximum price was $132.83 per barrel and the minimum - $125.25.

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 $135.68 a barrel, which is 3.42 per barrel up from the previous price. Its maximum price was $139.1 per barrel and the minimum - $131.78.

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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