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Azeri oil prices rose

Oil&Gas Materials 29 April 2006 11:55

The price for AZERI LT CIF on 28 April was $70.38 per barrel (rose $0.39 per barrel against the previous price). Density of Azeri Light is 34.6 degrees by API, sulphur content is 0.14%, Trend reports.

The price for URAL (EX-NOVO) was $64.41 per barrel (+$0.26 per barrel). Density of URAL is 30.4-31.85 degrees by API, sulphur content is up to 1.8%.

The price for Brent (DTD) was $72.14 per barrel (+$1.86 per barrel against the previous price). Density of DTD is 38.3 degrees by API, sulphur content is 0.36%.

The quotation of AZERI LT CIF reflects the price of the Azerbaijan oil delivered to the Mediterranean ports and 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.

Traders involved in the European oil transportation markets told Trend the rates of freight cargo on WS scale was as follows on 28 April:

Direction

Type

In ths tons

27 April 2006

April 2006

March 2006

006

February 2006

2006

Novorossiysk Augusta

Augusta

Oil/black oil products

/black oil products

135

145

131,1

186,9

Novorossiysk Augusta

Augusta

Oil/black oil products

/black oil products

80

170

164,9

165,8

Black Sea Augusta

Augusta

Oil/black oil products

/black oil products

30

245

187

277

Novorossiysk Augusta

Augusta

Light oil products

30

255

222

292,8

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