Azerbaijani oil prices decline
The price of Azerbaijani oil of the Azeri Light brand on a CIF basis in the Italian port of Augusta decreased by 0.06 US dollars, or 0.05%, reaching 122.26 US dollars per barrel.
Trend reported this, citing a source in the oil market.
In the Turkish port of Ceyhan, the price of a barrel of Azeri Light oil on a FOB basis dropped by 0.04 US dollars, or 0.03%, amounting to 118.98 US dollars.
The price of URALS crude oil decreased by 0.16 US dollars, or 0.2%, compared to the previous figure, reaching 98.16 US dollars per barrel.
The price of a barrel of Dated Brent oil, extracted from the North Sea, fell by 0.08 US dollars, or 0.1%, compared to the previous figure, amounting to 122.86 US dollars per barrel.
In Azerbaijan’s state budget for 2026, the average oil price is calculated at 65 US dollars per barrel.
