News Column

Azerbaijani oil prices for May 5-9

May 12, 2014



Baku, Azerbaijan, May 12

By Emil Ismayilov - Trend:

The average price on AZERI LT, exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports to Italian Augusta port, was $110.31 per barrel on May 5-9, or $1.3 less compared to the previous week.

The maximum price for AZERI LT was $111.44 per barrel. The minimum price was $109.85 per barrel.

The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $105.92 per barrel or $0.58 less compared to the previous week.

The maximum price for Urals was $107 per barrel and the minimum - $105.6 per barrel.

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 $108.61 per barrel or $0.54 less compared to the previous week.

The maximum price on Brent was $109.65 per barrel and the minimum - $108.28.

translated by NH

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Source: Trend News Agency (Azerbaijan)


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