PRICES FOR AZERBAIJANI OIL GREW CONSIDERABLY
The price for AZERI LT CIF on 12 July was $59,72/barrel (grew by $2,56/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 for URAL (EX-NOVO) on 12 July was $55,56/barrel (increased by $2,76/barrel). The density of the URAL oil is 32 degrees by API, sulphur content - 1,3%.
The Brent (DTD) price on 12 July was 58,85/barrel (grew by $1,75/barrel). The density of the DTD oil is 38,3 degrees by API, sulphur content - 0,36%.
The AZERI LT CIF quotation reflects the price of the Azerbaijani oil with delivery to the Mediterranean ports, shipped by the Azerbaijani International Operating Company (AIOC) shareholders at the Georgian terminal in Supsa. The URAL(EX-NOVO) quotation reflects the price of oil, shipped at the Russian terminal in Novorossiysk.