PRICES FOR AZERBAIJANвЂ™S OIL DOWN
The price for AZERI LT CIF on 2 September was $67,33/barrel (lowered for $1,04/barrel as compared to the previous price). The density of Azeri Light is 34,9 degrees by API, sulphur content - 0,14%.
The price of URAL (EX-NOVO) on 2 September was $59,55/barrel (lowered for $0,95/barrel). The density of URAL is 32 degrees by API, sulphur content - 1,3%.
The price of Brent (DTD) on 2 September was $65,90/barrel (dropped for $1,06/barrel). The density of DTD is 38,3 degrees by API, sulphur content is - 0,36%.
The AZERI LT CIF quotation reflects the price of the AzerbaijanвЂ™s oil with deliveries to the Mediterranean ports, shipped by the shareholders of the Azerbaijan International Operating Company (AIOC) at the Georgian terminal in Supsa, The quotation of URAL (EX-NOVO) reflects the price of oil, shipped at the Russian terminal in Novorossiysk.