PRICES FOR AZERBAIJANI OIL CLIMB UP
The price of AZERI LT CIF on July 4 was $57.86 per barrel (up $2.07 per barrel as compared to the previous price). The density of the Azeri Light is 34.9 degrees by API, the sulphur content is 0.14%.
The price of URAL (EX-NOVO) was $53.19 per barrel (+$2.37 per barrel). The density of URAL oil is 32 degrees by API, sulphur content вЂ" 1.3 %.
The price for Brent (DTD) was $57.10 per barrel (+ $1.66 per barrel). The density of the DTD oil is 38.3 degrees by API, sulphur content вЂ" 0.36%.
The AZERI LT CIF quotation reflects the price of the Azerbaijani oil with delivery to Mediterranean ports, shipped by the shareholders of the Azerbaijan International Operation Company (AIOC) at the Georgian terminal in Supsa. The URAL (EX-NOVO) quotation reflects the price of oil, shipped at the Russian terminal in Novorossiysk.