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Prices for Azerbaijani Oil: Results of 23-27 July

Oil&Gas Materials 30 July 2007 13:09 (UTC +04:00)
Prices for Azerbaijani Oil: Results of 23-27 July

Azerbaijan, Baku / Trend corr V. Sharifov / The average price for AZERI LT (CIF) oil, which is transported by Azerbaijan via Georgian Batumi and Turkish Ceyhan ports, decreased by $1.52 per barrel or 2%, compared to last week, and made up $77.14 per barrel within 23-27 July.

The maximal price for AZERI LT during 23-27 July comprised $78.17 per barrel, the minimal $75.86. The thickness of the Azeri Light is 34.6 API decrees with 0.14% of sulphur.

The average price for URAL (EX-NOVO) oil exported by Azerbaijan to Novorossiysk port decreased by $1.81 per barrel (2.5%) comprising $72.82 per barrel. The maximal price for URAL accounted to $74.02 per barrel, the minimal $71.52.

The thickness of URAL is 32 API degrees with 1.3% of sulphur. However, the specification of the oil alters while sale depending on the domination of high-quality oil in its mixture.

The average price for Brent Dated oil dropped by $1.81 per barrel (2.4%) and made up $76.62 per barrel. The maximal price for Brent comprised $77.90 per barrel last week, the minimal $75.94. The thickness of Brent Dated is 38.3 API degrees with 0.36% of sulphur.

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