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Review of Azerbaijani oil prices from Dec. 22 to 26

Oil&Gas Materials 29 December 2008 13:09 (UTC +04:00)

Azerbaijan, Baku, Dec. 29 / Trend , A. Badalova/ From Dec. 22 to 26, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Ceyhan and Batumi was $38.86 per barrel, or $6.28 per barrel down from the previous price.

The maximum price was $41.96 per barrel, minimum - $37.67 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 $33.58, or $6.32 per barrel down from the previous price.

The maximum price was $61.43 per barrel and the minimum - $56.33.

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 $34.99 a barrel, or $7.28 barrels down from the previous price.   

Its maximum price was $38.47 per barrel and the minimum - $33.66.

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

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