Azerbaijani oil prices for May 7-11

On May 7-11, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports was $116.17 per barrel or $4.8 per barrel less compared to the previous week.

The maximum price was $116.6 per barrel. The minimum price was $115.19.

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 about $110.06 per barrel or $4.39 per barrel less compared to the previous week.

The maximum price was $110.86 per barrel and the minimum - $108.5.

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 $112.05 per barrel or $4.54 per barrel less compared to the previous week.

The maximum price was $112.73 per barrel and the minimum - $110.84.

Brent Dated's density is 38.3 degrees API with a sulfur content of 0.36 percent.


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