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Azerbaijan's oil prices as for May 4-8

Oil&Gas Materials 12 May 2009 16:16 (UTC +04:00)

Azerbaijan, Baku, May 12 / Trend , A.Badalova /

On May 4-8, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was $55.2 per barrel, or $4.84 more than the previous price.

The maximum price was $57.3 per barrel. The minimum price was $52.4. 

Azeri Light's density is 34.6 degrees API with 0.14-percent sulfur content.

The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $52.36 per barrel, or $4.02 more than the previous price. 

The maximum price was $54.43 per barrel and the minimum - $49.73.

Urals' density is 32 degrees API with sulfur content up to 1.3 percent.

he oil grade's specifications vary when sold depending on its high/low-quality content.

The average price on Brent Dated was $54.26 per barrel, or $4.09 more than the previous price.   

The maximum price was $55.98 per barrel and the minimum - $51.97.

Brent Dated's density is 38.3 degrees API with sulfur content of 0.36 percent.  

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