Azerbaijani oil rises slightly

The price of Azerbaijani Azeri Light crude on a CIF basis at the Italian port of Augusta rose by 0.49 US dollars, or 0.5%, compared to the previous figure and amounted to 96.85 US dollars per barrel.

This is reported by Trend, citing a source in the oil market.

It is noted that the price of Azerbaijani Azeri Light crude on an FOB basis at the Turkish port of Ceyhan rose by 0.52 US dollars, or 0.5%, and amounted to 94.56 US dollars per barrel.

The price of URALS crude oil rose by 0.52 US dollars, or 0.7%, compared to the previous figure and reached 69.42 US dollars per barrel.

The price of Dated Brent crude, produced in the North Sea, rose by 0.27 US dollars, or 0.3%, compared to the previous figure and reached 95.08 US dollars per barrel.

In the state budget of Azerbaijan for 2026, the average price of a barrel of oil is set at 65 US dollars.