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Review of Azerbaijani Oil Prices from 25 to 29 August

Oil&Gas Materials 1 September 2008 16:36 (UTC +04:00)
Review of Azerbaijani Oil Prices from 25 to 29 August

Azerbaijan, Baku, 1 September / Trend corr. A. Badalova/ From 25 to 29 August, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $115.39 per barrel. The maximum price was $116.36 per barrel, minimum - $113.73 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 $110.51. The maximum price was $111.22 per barrel and the minimum - $108.99.

The density of URALS 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 $112.68 a barrel. Its maximum price was $113.55 per barrel and the minimum - $110.99.

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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