TODAY.AZ / Business

Azerbaijani oil prices for May 23-27

28 May 2011 [13:51] - TODAY.AZ
On May 23-27, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was about $117.2 per barrel, or $1.7 more than the previous price.

The maximum price was $118.89 per barrel. The minimum price was $113.64.
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 $109.3 per barrel, or $1.92 more than the previous price.

The maximum price was $111.09 per barrel and the minimum - $105.49.

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 about $113.3 per barrel, or $1.32 more than the previous price.

The maximum price was $115.03 per barrel and the minimum - $109.75.

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


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