TODAY.AZ / Business

Azerbaijani oil prices for May 14-18

21 May 2012 [08:36] - TODAY.AZ
On May 14-18, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports was $113.3 per barrel or $2.9 per barrel less compared to the previous week.

The maximum price was $114.64 per barrel. The minimum price was $110.82.

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 $108.23 per barrel or $1.83 per barrel less compared to the previous week.

The maximum price was $109.31 per barrel and the minimum - $106.37.

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 $110.09 per barrel or $1.96 per barrel less compared to the previous week.

The maximum price was $111.2 per barrel and the minimum - $108.21.

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


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