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Azeri oil market: results of week

Oil&Gas Materials 4 September 2006 12:50 (UTC +04:00)

From 28 August through 1 September AZERI LT average price, sold by Azerbaijan in Supsa and Novorossiysk port, was $69.36 per barrel or $3.16 per barrel or 4.4% down as compared to the previous week, Trend reports. In this period maximal price of AZERI LT was $70.12 per barrel, minimal - $68.31 per barrel

Last week price of URAL (EX-NOVO), marketed at the Novorossiysk port, was $62.59 per barrel, or $2.78 per barrel more than the average price of the previous week. URAL (EX-NOVO) maximal price comprised $63.08 per barrel, minimal one - $61.78 per barrel.

Brent average price (DTD) was $67.39 per barrel ($3.93 per barrel, or 5.6% down as compared to previous week). Brent maximal price comprised $68.18 per barrel, minimal price of Brent was $66.92 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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