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Review of Azerbaijani oil prices for Dec 8-12

Oil&Gas Materials 15 December 2008 15:16 (UTC +04:00)
Review of Azerbaijani oil prices for Dec 8-12

Azerbaijan, Baku, Dec.15 / Trend corr. A.Badalova/ From Dec. 8 to 12, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $43.33 per barrel, or $7.66 per barrel down from the previous price.

The maximum price was $45.99 per barrel, minimum - $41.37 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 $38.47, or $8.57 per barrel down from the previous price.

The maximum price was $41.15 per barrel and the minimum - $36.54.

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 $41.19 a barrel, or $8.17 per barrel down from the previous price.

Its maximum price was $43.78 per barrel and the minimum - $39.25.

The density of Brent Dated is 38.3 degrees API and its sulphur content is 0.36%.

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