TODAY.AZ / Business

Azerbaijani oil prices for May 30-June 3

04 June 2011 [14:40] - TODAY.AZ
On May 30-June 3, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was about $119.4 per barrel, or $2.22 more than the previous price.

The maximum price was $120.93 per barrel. The minimum price was $118.13.
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 $111.67 per barrel, or $2.4 more than the previous price.

Urals' density is 32 degrees API with a sulfur content up to 1.3%. The oil grade's specifications vary when sold depending on its high/low-quality content.

The average price on Brent Dated was about $115.55 per barrel, or $2.26 more than the previous price.

The maximum price was $116.88 per barrel and the minimum - $114.49.

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


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