Prices for Azerbaijani Oil dropped
The price for AZERI LT CIF on 18 November was $54,39/barrel (lowered for $0,89/barrel against 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 18 November was $47,49/barrel (decreased for $0,87/barrel). The density of URAL is 32 degrees by API, the sulphur content is 1,3%, Trend reports.
The price of (DTD) on 18 November was $52,60/barrel (dropped for $0,98/barrel). The density of DTD is 38,3 degrees by API, the sulphur content is 0,36%.
The AZERI LT CIF quotation reflects the cost of the AzerbaijanвЂ™s oil with the delivery 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.