Azerbaijani oil prices for May 16-20

On May 16-20, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was about $115.5 per barrel, or $2.57 less than the previous price.

The maximum price was $117.17 per barrel. The minimum price was $112.9. 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 $107.34 per barrel, or $2.3 less than the previous price.

The maximum price was $109.16 per barrel and the minimum - $104.81. 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 $112 per barrel, or $2.81 less than the previous price. The maximum price was $113.73 per barrel and the minimum - $109.37. Brent Dated's density is 38.3 degrees API with a sulfur content of 0.36 percent.


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