TODAY.AZ / Business

Azeri oil market: results of the week

19 December 2005 [17:01] - TODAY.AZ
From 12 through 16 December URAL (EX-NOVO) average price, sold by Azerbaijan in Novorossiysk port, was $53.05 per barrel or rose $1.92 barrel as compared to the last week (5 - 9 Dec.

URAL(EX-NOVO) maximal price comprised $53.92 on 15 December, or $1.87 barrels more as compared to last week (9 December), minimal one - $51.57 on 16 December, or $1.16 down as compared to last week (7 December).

Brent average price (DTD) was $59.12 per barrel (rose $2.94 per barrel).

Brent maximal price comprised $60.04 on 15 December, or $2.67 per barrel up as compared to last week. Minimal price of Brent was $58.04 on 16 December, or $2.59 per barrel as compared to last week (7 December).

URAL (EX-NOVO) was cheaper than Brent by $6.07 per barrel last week, or $1.02 per barrel more than the average figure of last week.

The density of oil URAL is 32 degrees by API, sulphur content - 1.3%. The density of oil DTD is 38.3 degrees by API, sulphur content - 0.36%. The density of URAL is 32 degrees by API, the sulphur content – 1.3%. The density of DTD oil is 38.3 degrees by API, the sulphur content – 0.36%.

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