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Review of Azerbaijani Oil Prices from 24 to 28 November

Oil&Gas Materials 1 December 2008 15:17 (UTC +04:00)

Azerbaijan, Baku, 1 December / Trend corr. A. Badalova/ From 24 to 28 November, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $50.99 per barrel, or $1.38 per barrel down from the previous price.

The maximum price was $52 per barrel, minimum - $49.72 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 $47.04, or $1.3 per barrel down from the previous price.

The maximum price was $48.04 per barrel and the minimum - $44.84.

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 $49.36 a barrel or $1.1 barrel down from the previous price.   

Its maximum price was $50.41 per barrel and the minimum - $48.

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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