BAKU, Azerbaijan, July 17. The price of
Azerbaijan's Azeri Light crude oil on a CIF basis at Italy's
Augusta port increased by $1.99, or 2.29%, from the previous
session to $88.82 per barrel.
The information was provided by oil market participants.
"The price of Azerbaijan's Azeri Light crude on an FOB basis at
the Turkish port of Ceyhan rose by $1.78, or 2.14%, to $84.96 per
barrel. The price of URALS crude dropped by $0.96, or 1.88%, from
the previous session to $52.14 per barrel. The price of North Sea
Dated Brent crude decreased by $0.66, or 0.8%, from the previous
session to $82.88 per barrel," the information said.
Azerbaijan's 2026 state budget is based on an average oil price
of $65 per barrel.
Will be updated
