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Review of Azerbaijani Oil Prices for November 17-21

Oil&Gas Materials 24 November 2008 16:03 (UTC +04:00)
Review of Azerbaijani Oil Prices for  November 17-21

Azerbaijan, Baku, November 24 / Trend corr. A. Badalova/ From November 17 to 21, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $49.61 per barrel or $5.47 per barrel down from the previous price.

The maximum price was $52.85 per barrel and minimum - $46.22 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 $45.74 or $4.34 per barrel down from the previous price.

The maximum price was $48.25per barrel and the minimum - $43.2 per barrel.

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 $48.26 a barrel or $4.54 barrels down from the previous price.

Its maximum price was $51.45 per barrel and the minimum - $45.31.

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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