Price of Azerbaijani oil slightly decreases
The price of Azerbaijani oil of the Azeri Light brand on a CIF basis at the Italian port of Augusta decreased by 0.05 US dollars, or 0.04% compared to the previous figure, amounting to 116 US dollars per barrel.
This was reported to Trend by a source in the oil market.
It is noted that at the Turkish port of Ceyhan, the price of one barrel of Azeri Light oil on a FOB basis decreased by 0.59 US dollars, or 0.53%, amounting to 110.38 US dollars.
The price of crude oil of the URALS brand, compared to the previous figure, increased by 1.04 US dollars, or 1.30%, amounting to 80.95 US dollars per barrel.
The price of one barrel of Dated Brent oil, extracted in the North Sea, compared to the previous figure, increased by 1.09 US dollars, or 1%, amounting to 111.14 US dollars per barrel.
In the state budget of Azerbaijan for 2026, the average oil price is calculated at 65 US dollars per barrel.
