BAKU, Azerbaijan, December 16.​ The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, went down by $0.7, or 1.1%, on December 15 from the previous
level, coming in at $63.73 per barrel, a source in the oil market
told Trend.


At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
decreased by $0.69, or 1.11%, to $61.67 per barrel.


The price of URALS crude dropped by $1.26, or 3.65%, to $33.25
per barrel, while Brent Dated crude from the North Sea declined by
$0.69, or 1.11%, to $61.4 per barrel.







Azerbaijan’s 2025 state budget is based on an average oil price
of $70 per barrel.