Azerbaijani oil slightly cheaper
The price of Azerbaijani Azeri Light crude on a CIF basis at the Italian port of Augusta decreased by 0.41 US dollars, or 0.3%, to 115.52 US dollars per barrel.
This was reported to Trend by a source on the oil market.
It is noted that in the Turkish port of Ceyhan on an FOB basis, the price of one barrel of Azeri Light oil decreased by 0.31 US dollars, or 0.3%, to 112.99 US dollars.
The price of URALS crude oil decreased by 0.29 US dollars, or 0.3%, compared with the previous figure to 91.44 US dollars per barrel.
The price of one barrel of Dated Brent oil produced in the North Sea decreased by 0.37 US dollars, or 0.33%, compared with the previous figure to 111.20 US dollars per barrel.
In Azerbaijan’s state budget for 2026 the average oil price is calculated at 65 US dollars per barrel.
