BAKU, Azerbaijan, March 26. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
(Cost, Insurance, and Freight) basis, moved down by $2.30, or 2%,
on March 25 from the previous level, coming in at $113.7 per
barrel, a source in the oil market told Trend.


At Türkiye’s Ceyhan port, the FOB (Free on Board) price of Azeri
Light crude decreased by $3.14, or 2.8%, to $107.24 per barrel.


The price of URALS crude went down by $1.23, or 1.5%, to $79.72
per barrel, while Brent Dated crude from the North Sea fell by
$1.56, or 1.4%, to $109.58 per barrel.







Azerbaijan’s 2026 state budget is based on an average oil price
of $65 per barrel.