BAKU, Azerbaijan, June 27. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
(Cost, Insurance, and Freight) basis, decreased by $3.01, or 3.9%,
on June 26 from the previous level, coming in at $74.36 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 went down by $3.02, or 4%, to $71.90 per barrel.


The price of URALS crude dropped by $3.71, or 7.7%, to $44.14
per barrel, while Brent Dated crude from the North Sea fell by
$2.68, or 3.7%, to $70.56 per barrel.







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