Azeri oil market: results of week
From 29 May through 2 June AZERI LT average price, sold by Azerbaijan in Supsa and Novorossiysk port, was $70.06 per barrel or $1.02 per barrel up as compared to the previous week, Trend reports. In this period maximal price of AZERI LT was $71.26 per barrel, minimal - $69.01 per barrel
Last week price of URAL (EX-NOVO), marketed at the Novorossiysk port, was $63.99 per barrel, or $0.55 per barrel more than the average price of the previous week. URAL (EX-NOVO) maximal price comprised $64.16 per barrel, minimal one - $63.17 per barrel.
Brent average price (DTD) was $68.89 per barrel ($0.35 down as compared to previous week). Brent maximal price comprised $69.96 per barrel, minimal price of Brent was $67.76 per barrel.
The density of Azeri Light is 34.6 degrees by API, sulphur content 0.14%. 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%. The density of URAL is 32 degrees by API, the sulphur content 1.3%. The density of DTD oil is 38.3 degrees by API, the sulphur content 0.36%.
The Azeri Light brand of oil was shipped onto the first tanker in Ceyhan on Sunday. The oil was delivered to the port via the Baku-Tbilisi-Ceyhan main export oil pipeline. The cargo of 85,000 tons of oil was delivered to the Italian port.