Azerbaijan, Baku /corr Trend V.Sharifov / Last week (February 26th to March 2nd), the average price of AZERI LT (CIF) oil brand, Azerbaijan sold via the Georgian Ports Supsa and Batumi was $61.91 per barrel, which is up $2.79 a barrel or 4.7% less, versus the average price of the corresponding oil brand fixed in the previous week, Trend reports.
The maximum price on AZERI LT was $62.63 per barrel, the minimum price was $60.94 per barrel against $57.24 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 $55.73 a barrel which is up $3.68 a barrel or 7% versus the average price of the corresponding oil brand fixed in the previous week. The maximum price on URALwas $56.56 per barrel last week. The minimum price was $54.96 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.
In this period the average price on the etalon oil brand Brent (DTD) was $60.77 per barrel, which less $2.83 per barrel or by 4.8% from the average price on the corresponding oil brand fixed in the previous week. Last week, the maximum price on Brent was $61.76 a barrel, the minimum price was $59.83 per barrel.
The density of DTD is 38.3 degrees API, its sulphur content is 0.36%.