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Prices for Azerbaijani Oil: Results of 27-31 August

Oil&Gas Materials 3 September 2007 14:59 (UTC +04:00)
Prices for Azerbaijani Oil: Results of 27-31 August

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, made up $73.22 per barrel during 27-31 August.

The maximum price for AZERI LT during 27-31 July comprised $74.76 per barrel, the minimum $71.41. The thickness of Azeri Light is 34.6 API degrees with 0.14% sulphur.

The average price for URAL (EX-NOVO) oil exported by Azerbaijan to Novorossiysk port comprised $68.64 per barrel. The maximum price for URAL amounted to $70.17 per barrel, the minimum $67.84

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

The average price for Brent Dated oil made up $70.52 per barrel. The maximum price for Brent comprised $72.35 per barrel last week, the minimum $68.56. The thickness of Brent Dated is 38.3 API degrees with 0.36% sulphur.

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