Cost of Azerbaijani oil exceeds $100
The price of Azerbaijani Azeri Light crude on a CIF basis at the Italian port of Augusta rose 0.61 U.S. dollars, or 0.61 percent, from the previous level to 100.09 U.S. dollars per barrel.
Trend reported this citing a source on the oil market.
The price of Azerbaijani Azeri Light crude on an FOB basis at the Turkish port of Ceyhan rose 0.66 U.S. dollars, or 0.68 percent, to 97.67 U.S. dollars per barrel.
The price of URALS crude oil rose 0.13 U.S. dollars, or 0.18 percent, from the previous level to 72.81 U.S. dollars per barrel.
The price of Dated Brent crude, produced in the North Sea, rose 0.82 U.S. dollars, or 0.84 percent, from the previous level to 98.66 U.S. dollars per barrel.
Azerbaijan’s state budget for 2026 assumes an average oil price of 65 U.S. dollars per barrel.
