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Prices for Azerbaijani oil grew

Oil&Gas Materials 16 November 2005 15:16 (UTC +04:00)

The price for AZERI LT CIF on 15 November was $55,87/barrel (grew for $0,25/barrel against the previous price). The density of Azeri Light is 34,9 degrees by API, the sulphur content is 0,14%.

According to Trend, the price for URAL (EX-NOVO) on 15 November was $49,69/barrel (increased for $1,07/barrel). The density of the URAL oil is 32 degrees by API, the sulphur content is 1,3%.

The price for Brent (DTD) on 15 November was $54,28/barrel (grew for $0,21/barrel). The density of the DTD oil is 38,3 degrees by API, the sulphur content is 0,36%.

The quotation of AZERI LT CIF reflects the price of the Azerbaijani 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 the oil, shipped at the Russian terminal in Novorossiysk.

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