News Column

Azerbaijani oil prices for Aug.4-8

August 9, 2014



Baku, Azerbaijan, August 9

By Ilaha Mammadli - Trend:

The average price on AZERI LT, exported from Azerbaijan via the Ceyhan, Batumi and Supsa ports to Italian Augusta port, was $105.936 per barrel Aug.4-8, or 1.63 percent ($1.754 per barrel) more compared to the previous week.

The maximum price for AZERI LT was $106.2 per barrel. The minimum price was $105.4 per barrel.

The average price for AZERI LT FOB Ceyhan oil price was $104.994 per barrel or1.64 percent ($1.748 per barrel) less compared to the previous price.

The maximum price for AZERI LT FOB was $105.17 per barrel. The minimum price was $104.49 per barrel.

The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $103.13 per barrel or 1.135 percent ($1.184 per barrel) less compared to the previous week.

The maximum price for Urals was $103.38 per barrel and the minimum - $102.77 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 nearly $103.334 per barrel or1.84 percent ($1.936 per barrel) less compared to the previous week.

The maximum price on Brent was $103.57 per barrel and the minimum - $102.8.


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Source: Trend News Agency (Azerbaijan)


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