On Sept. 20-24, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi, Supsa ports was $80.25 per barrel, or $0.44 less than the previous price.
The maximal price was $81.49 per barrel. The minimal price was $79.11.
Azeri Light's density is 34.6 degrees API with a 0.14-percent sulfur content.
The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $76.88 per barrel, or $0.68 less than the previous price.
The maximal price was $78.33 per barrel and the minimal - $75.69.
Urals' density is 32 degrees API with a sulfur content up to 1.3 percent. The oil grade's specifications vary when sold depending on its high/low-quality content.
The average price on Brent Dated was $78.3 per barrel, or $0.21 less than the previous price.
The maximal price was $79.48 per barrel and the minimal - $77.29.
Brent Dated's density is 38.3 degrees API with a sulfur content of 0.36 percent.
World oil and gas price review for Sept. 24 is provided by Energy Intelligence Group.
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Daily Oil & Gas Price Review |
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Prices for Friday, September 24, 2010 |
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Crude Oil Futures -- Prompt Month ($/bbl) |
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|
1st |
5-Day |
2nd |
3rd |
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|
Chg. |
Month |
Avg. |
Month |
Month |
|
|
ICE Brent |
+0.76 |
78.87 |
78.53 |
79.12 |
79.50 |
|
Nymex Light Sweet |
+1.31 |
76.49 |
74.95 |
77.65 |
78.62 |
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International Crudes ($/bbl) |
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Spot |
5-Day |
Month- |
Year- |
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|
Cash/Spot |
Chg. |
Price |
Avg. |
Ago |
Ago |
|
Brent (Dated) |
+1.04 |
79.47 |
79.10 |
75.14 |
66.48 |
|
Dubai |
+0.76 |
76.20 |
75.40 |
72.63 |
70.97 |
|
Oman |
+1.09 |
74.49 |
75.23 |
70.94 |
71.44 |
|
WTI (Cushing) |
+1.23 |
74.58 |
73.69 |
73.34 |
70.78 |
|
Opec Basket (A) |
-0.13 |
74.28 |
75.81 |
70.00 |
68.69 |
|
Minas |
+1.13 |
76.89 |
76.98 |
79.45 |
66.16 |
|
Tapis |
+1.13 |
83.08 |
82.43 |
78.42 |
73.04 |
|
Forties |
+1.04 |
78.87 |
78.57 |
69.58 |
71.21 |
|
Oseberg |
+1.04 |
80.27 |
79.89 |
72.08 |
72.56 |
|
Bonny Light |
+1.04 |
80.27 |
79.20 |
76.24 |
73.06 |
|
Urals |
+1.04 |
78.02 |
77.85 |
74.24 |
70.76 |
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North American Crudes ($/bbl) |
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|
Spot |
5-Day |
Month- |
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|
Cash/Spot |
Chg. |
Price |
Avg. |
Ago |
|
|
WTS (Midland) |
+1.94 |
72.74 |
71.46 |
70.82 |
|
|
LLS (St. James) |
+0.74 |
79.59 |
79.35 |
76.52 |
|
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Mars (Clovelly) |
+1.79 |
77.64 |
75.90 |
70.57 |
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ANS (California) |
+2.07 |
76.70 |
74.90 |
71.71 |
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Maya (Mexico) |
+1.11 |
67.48 |
66.96 |
64.97 |
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Heating Oil/Gasoline Futures -- Prompt Month |
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Futures |
1st |
5-Day |
2nd |
3rd |
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|
Nymex (ў/gal.) |
Chg. |
Month |
Avg. |
Month |
Month |
|
RBOB Gasoline |
+2.97 |
194.71 |
192.70 |
194.04 |
194.68 |
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Heating Oil |
+1.61 |
213.06 |
212.23 |
214.99 |
216.59 |
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ICE (London) |
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Gas Oil ($/ton) |
+5.50 |
682.75 |
678.50 |
680.50 |
681.00 |
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Gas Oil (ў/gal.) |
+1.75 |
216.75 |
215.40 |
216.03 |
216.19 |
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Product Spot Markets |
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US Gulf Coast‡ |
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Spot |
5-Day |
Month- |
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|
Gasoline (ў/gal.) |
Chg. |
Price |
Avg. |
Ago |
|
|
Regular Gasoline |
+4.00 |
193.90 |
192.09 |
191.25 |
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|
Premium Gasoline |
+4.00 |
200.40 |
198.39 |
197.25 |
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|
Regular RBOB |
+4.80 |
192.90 |
190.77 |
190.25 |
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Mid-Distillates (ў/gal.) |
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Heating/Gas Oil (B) |
+2.83 |
208.72 |
207.25 |
197.39 |
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Low Sulfur Gas Oil/Diesel (C) |
+2.33 |
210.97 |
209.81 |
196.50 |
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Jet Fuel |
+2.83 |
212.72 |
211.45 |
205.39 |
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Fuel Oil ($/bbl) |
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|
1% Sulfur |
+0.31 |
70.03 |
69.86 |
67.03 |
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|
3%-3.5% Sulfur |
+0.05 |
66.80 |
66.99 |
64.30 |
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New York‡ |
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Spot |
5-Day |
Month- |
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Gasoline (ў/gal.) |
Chg. |
Price |
Avg. |
Ago |
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|
Regular Gasoline |
+4.07 |
197.72 |
195.05 |
187.25 |
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Premium Gasoline |
+4.07 |
207.72 |
203.85 |
195.25 |
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Regular RBOB |
+4.07 |
195.47 |
192.80 |
188.75 |
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Mid-Distillates (ў/gal.) |
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Heating/Gas Oil (B) |
+2.56 |
210.90 |
209.84 |
198.75 |
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Low Sulfur Gas Oil/Diesel (C) |
+2.56 |
213.15 |
211.79 |
201.75 |
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Jet Fuel |
+2.56 |
216.65 |
215.69 |
209.25 |
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|
Fuel Oil ($/bbl) |
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|
1% Sulfur |
-0.59 |
71.38 |
72.04 |
69.13 |
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|
3%-3.5% Sulfur |
-0.09 |
69.13 |
69.52 |
66.28 |
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Rotterdam ($/ton) (F) |
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Spot |
5-Day |
Month- |
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Gasoline |
Chg. |
Price |
Avg. |
Ago |
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|
Regular Gasoline |
+12.00 |
692.00 |
696.80 |
647.00 |
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Premium Gasoline |
+2.00 |
682.00 |
698.00 |
649.00 |
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Mid-Distillates |
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Heating/Gas Oil (B) |
+4.75 |
675.25 |
672.60 |
623.75 |
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Low Sulfur Gas Oil/Diesel (C) |
+4.75 |
693.75 |
691.40 |
649.75 |
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Jet Fuel |
+4.75 |
713.25 |
712.30 |
673.75 |
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Fuel Oil |
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1% Sulfur |
+7.00 |
444.00 |
443.00 |
436.00 |
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|
3%-3.5% Sulfur |
+6.00 |
426.00 |
426.25 |
408.00 |
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Singapore |
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Spot |
5-Day |
Month- |
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Light Ends |
Chg. |
Price |
Avg. |
Ago |
|
|
Naphtha ($/bbl) |
+0.25 |
73.93 |
74.22 |
71.10 |
|
|
Regular Gasoline ($/bbl) |
+0.80 |
81.95 |
82.18 |
78.10 |
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Mid-Distillates ($/bbl) |
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Gas Oil |
+0.60 |
87.30 |
87.32 |
83.40 |
|
|
Jet/Kerosene |
+0.92 |
88.02 |
87.77 |
83.25 |
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Fuel Oil ($/ton) |
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3% Sulfur |
+2.75 |
447.25 |
446.90 |
436.00 |
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Mideast Gulf |
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Spot |
5-Day |
Month- |
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|
Light Ends |
Chg. |
Price |
Avg. |
Ago |
|
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Naphtha ($/mt) |
+2.37 |
658.14 |
660.04 |
630.08 |
|
|
Regular Gasoline ($/bbl) |
... |
... |
... |
... |
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Mid-Distillates ($/bbl) |
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Gas Oil |
-1.30 |
86.40 |
86.86 |
80.90 |
|
|
Jet/Kerosene |
-0.43 |
86.77 |
86.71 |
80.57 |
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|
Fuel Oil ($/ton) |
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3% Sulfur |
+2.75 |
436.52 |
436.11 |
425.25 |
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|
Natural Gas |
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|
1st |
2nd |
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|
Chg. |
Month |
Month |
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|
US -- Henry Hub (Nymex) |
$/MMBtu |
-0.138 |
3.881 |
4.009 |
|
|
US -- Henry Hub (Cash) |
$/MMBtu |
-0.13 |
3.95 |
... |
|
|
UK -- NBP (Cash) |
p/th |
+1.10 |
43.80 |
... |
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Produced by Oil Daily in cooperation with Reuters |
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Notes: All spot assessments are bid prices published by Reuters at |
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Monetary
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, consolidated by 0.0003 points or 0.03 percent. The average rate was established at 0.8031 manat to 1 U.S. dollar.
The maximum rate of the US dollar compared to manat was established Sept. 20 (0.8033 manat to 1 U.S. dollar) and minimum was established Sept. 22, 23 and 24 at 0.8030 manat to 1 U.S. dollar.
As a result of last week's exchange rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX) consolidated by 0.0002 points or 0.02 percent. The average rate was fixed at 0.80328 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: Sept. 20 - $0.287 million with exchange rate of 0.8034 AZN/USD, Sept. 21 - no deals were concluded. So, the rate remained at the same level of 0.8034 AZN/USD, Sept. 22 - $4.199 million with exchange rate of 0.8032 AZN/USD, Sept. 23 and 24 - no deals were concluded. So, the rate remained at the same level of 0.8032 AZN/USD.
No deal was concluded with USD/AZN T+1 and T+2 due to too few appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN.
Market of privatization shares
Last week, the price on privatization vouchers remained without changes, with purchases was running for five manat and and sales for six manat. President Ilham Aliyev's decree on additional measures to ensure the use of state privatization vouchers prolonged the validity period until Jan. 1, 2011. This decision was made as roughly 80 percent of the vouchers were still in circulation.