Review of Azerbaijani Oil Prices from 8-12 September

Oil&Gas Materials 15 September 2008 15:57 (UTC +04:00)

Azerbaijan, Baku, 15 September / Trend corr. A. Badalova/ From 8 to 12 September, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $100.75 per barrel, or $6.95 per barrel down from the previous price.

The maximum price was $104.53 per barrel, minimum - $98.88 per barrel.

The density of Azeri Light is 34.6 degrees by API and its sulphur content is 0.14%.

The average price of URALS (EX-NOVO) which Azerbaijan exports via Novorossiysk port was $96.35, or $6.38 per barrel down from the previous price.

The maximum price was $99.96 per barrel and the minimum - $94.63.

The density of URALS is 32 degrees by API and its sulphur content is up to 1.3%. However, specifications of this oil grade change when being sold depending on domination of high/low-quality oil in its content.

The average price of Brent Dated was $98.03 a barrel, or $6.67 barrels down from the previous price.

Its maximum price was $101.64 per barrel and the minimum - $96.25.

The density of Brent Dated is 38.3 degrees API and its sulphur content is 0.36%.

The correspondent can be contacted at: [email protected]

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