Azerbaijan, Baku / corr. Trend V.Sharifov / Last week (19-23 March), the average price of AZERI LT (CIF) oil brand, Azerbaijan sold via the Georgian Ports Supsa and Batumi was $61.38 per barrel, which is up $0.03 a barrel, versus the average price of the corresponding oil brand fixed in the previous week.
The maximum price on AZERI LT was $63.02 per barrel, the minimum price was $60.37 per barrel, minimal $60.37 per barrel last week. The density of Azeri Light is 34.6 degrees by API, the sulfur content is 0.14%.
Last week, the average price of the oil brand URAL (EX-NOVO), Azerbaijan sells via the Russian Port of Novorossiysk was $56.49 a barrel which is up $0.45 a barrel or 0.08% versus the average price of the corresponding oil brand fixed in the previous week. The maximum price on URALwas $58.81 per barrel last week. The minimum price was $55.18 a barrel.
The density of URAL is 32 degrees by API, sulfur content is up to 1.3%. However, during selling this oil brand, its specifications vary depending on prevailing oil brands of high-quality or poor-quality in its content.
During this period the average price on etalon oil brand Brent (DTD) was $61.26 per barrel, which is up $0.26 per barrel or by 0.04% from the average price on the corresponding oil brand fixed in the previous week. Last week, the maximum price on Brent was $63.36 a barrel, the minimum price was $59.67 per barrel.
The density of DTD is 38.3 degrees API, its sulphur content is 0.36%.