The price for AZERI LT CIF on 22 December was $58,40/barrel (grew for $1,26/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 22 December was $49,32/barrel (increased for $0,93/barrel). The density of the URAL oil is 32 degrees by API, the sulphur content is 1,3%.
The price for Brent (DTD) on 22 December was $57,40/barrel (grew for $1,27/barrel). The density of DTD is 38,3 degrees by API, the sulphur content is 0,36%.
The quotation of AZERI LT CIF reflects the price of the Azerbaijan’s oil with delivery to the Mediterranean ports, shipped by 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.