PRICES FOR AZERBAIJANвЂ™S OIL GREW AGAIN
The price for AZERI LT CIF on 14 September was $63,66/barrel (grew for $0,86/barrel as compared to the previous price). The density of Azeri Light is 34,9 degrees by API, the sulphur content is - 0,14%.
The price for URAL (EX-NOVO) on 14 September was $56,01/barrel (lowered for $0,90/barrel). The density of the URAL oil is 32 degrees by API, the sulfur content - 1,3%.
The price of Brent (DTD) on14 September was $61,64/barrel (grew for $0,54/barrel). The density of the DTD oil is 38,3 degrees by API, the sulfur content is 0,36%.
The quotation of AZERI LT CIF reflects the price of the AzerbaijanвЂ™s oil with deliveries to the Mediterranean ports, dispatched 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 the oil, shipped at the Russian terminal in Novorossiysk.