TODAY.AZ / Business

Azerbaijani oil prices for May 28-June 1

02 June 2012 [14:45] - TODAY.AZ
On May 28-June 1, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports was $106.22 per barrel or $4.4 per barrel less compared to the previous week.

The maximum price was $110.18 per barrel. The minimum price was $100.84.

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 $101.02 per barrel or over $4.5 per barrel less compared to the previous week.
The maximum price was $104.86 per barrel and the minimum - $95.64.

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 $103.74 per barrel or $4.43 per barrel less compared to the previous week.

The maximum price was $107.68 per barrel and the minimum - $98.46.

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


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