From 10 to 14 October URAL(EX-NOVO) average price, sold by Azerbaijan in Novorossiysk port, was $55.08 per barrel or dropped $0.42 barrel as compared the last week. URAL(EX-NOVO) maximal price comprised $56.38 on 12 October, minimal one - $53.94 on 10 October.
Brent average price (DTD) was $58.62 per barrel (dropped $0.41 per barrel). Brent maximal price comprised $59.99 on 13 October, minimal one - $56.70 on 10 October. The density of oil DTD is 38,3 degrees by API, sulphur content - 0,36%.
URAL (EX-NOVO) was cheaper than Brent by $3.53per barrel in the last week. The figure comprised $4.36 per barrel From 10 to 14 October.
The density of oil URAL is 32 degrees by API, sulphur content - 1.3%. The density of
oil DTD is 38.3 degrees by API, sulphur content - 0.36%.
Azerbaijan supposes to sell 800,000 tons URAL oil from Novorossiysk port from November to December. A total of 640,000 tons falls to the Azerbaijan International Operator Company (AIOC), two consignments per 80,000 - to the State Oil Company of Azerbaijan (SOCAR). From January to September the SOCAR shipped 1,298m tons of URAL oil from Novorossiysk, or 689,000 tons less as compared 2004. The AIOC shipped 1,683 tons of URAL oil over this period.
The SOCAR will sell around 227,000 tons oil from Novorossiysk for Mercuria Energy Trading (142,000 tons) and Vitol (85,000 tons).