Azerbaijani oil becomes cheaper
The price of Azerbaijani Azeri Light oil on a CIF basis at the Italian port of Augusta decreased compared to the previous figure by 1.73 US dollars, or 1.7%, amounting to 100.57 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 1.69 US dollars, or 1.7%, and amounted to 98.38 US dollars.
The price of URALS crude oil decreased compared to the previous figure by 2.39 US dollars, or 3.1%, amounting to 73.87 US dollars per barrel.
The price of one barrel of Dated Brent oil, produced in the North Sea, decreased compared to the previous figure by 2.79 US dollars, or 2.8%, amounting to 96.80 US dollars per barrel.
In the state budget of Azerbaijan for 2026, the average oil price is set at 65 US dollars per barrel.
