BAKU, Azerbaijan, October 13. The price of
Azerbaijan’s Azeri Light crude on a CIF basis at the Italian port
of Augusta rose by $0.81, or 0.6%, from the previous level to
$131.62 per barrel, according to oil market participants.
The price of Azeri Light on a FOB basis at the Turkish port of
Ceyhan increased by $0.64, or 0.5%, to $120.70 per barrel.
The price of Urals crude rose by $0.74, or 0.8%, to $89.26 per
barrel.
The price of North Sea Dated Brent increased by $1.66, or 1.2%,
to $134.25 per barrel.
Azerbaijan’s state budget for 2026 assumes an average oil price
of $65 per barrel.
Will be updated