BAKU, Azerbaijan, December 19.​ The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, went up by $0.47, or 0.7%, on December 18 from the previous
level, coming in at $63.87 per barrel, a source in the oil market
told Trend.


At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
grew by $0.45, or 0.73%, to $61.77 per barrel.


The price of URALS crude increased by $0.15, or 0.47%, to $31.76
per barrel, while Brent Dated crude from the North Sea rose by
$0.06, or 0.1%, to $60.93 per barrel







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