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Review of Azerbaijani Oil Prices from 6 to 10 October

Oil&Gas Materials 13 October 2008 14:00 (UTC +04:00)
Review of Azerbaijani Oil Prices from 6 to 10 October

Azerbaijan, Baku, 13 October / Trend corr.A.Badalova / From 6 to 10 October, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $83.12per barrel or $11.97 per barrel down from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $$87.065 per barrel, minimum - $76.54per barrel.

The density of Azeri Light is 34.6 degree by API and its sulfur content is 0.14%.

The average price of URALS (EX-NOVO) which Azerbaijan exports via Novorossiysk port was $77.18per barrel or $11.74per barrel down from the previous price. The maximum price was $81.12 per barrel and the minimum - -$70.28.

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 touched $80.81/barrel, which is $11.5/barrel down from the previous price. Its maximum price $84.53/barrel and the minimum - $74.51/barrel.

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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