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Azeri oil market: results of week

Oil&Gas Materials 19 June 2006 17:29 (UTC +04:00)

From 12 through 16 June AZERI LT average price, sold by Azerbaijan in Supsa and Novorossiysk port, was $67.63 per barrel or $1.79 per barrel up as compared to the previous week, Trend reports. In this period maximal price of AZERI LT was $69.46 per barrel, minimal - $66.13 per barrel

Last week price of URAL (EX-NOVO), marketed at the Novorossiysk port, was $63.86 per barrel, or $0.52 per barrel more than the average price of the previous week. URAL (EX-NOVO) maximal price comprised $66.14 per barrel, minimal one - $63.32 per barrel

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Brent average price (DTD) was $66.84 per barrel ($0.71 down as compared to previous week). Brent maximal price comprised $68.14 per barrel, minimal price of Brent was $65.45 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%.

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