Azerbaijani oil prices decline
The price of Azerbaijani oil of the Azeri Light brand on a CIF basis at the Italian port of Augusta decreased by 0.12 US dollars, or 0.1%, reaching 113.85 US dollars per barrel.
A source in the oil market reported this to Trend.
In the Turkish port of Ceyhan, the price of a barrel of Azeri Light oil on an FOB basis dropped by 0.03 US dollars, or 0.03%, amounting to 110.75 US dollars.
The price of URALS crude oil decreased by 1.96 US dollars, or 2.23%, compared to the previous figure, reaching 89.77 US dollars per barrel.
The price of a barrel of Dated Brent oil, extracted from the North Sea, fell by 2.23 US dollars, or 2%, compared to the previous figure, amounting to 113.79 US dollars per barrel.
In Azerbaijan's state budget for 2026, the average oil price is calculated at 65 US dollars per barrel.
