BAKU, Azerbaijan, December 20. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, went up by $0.38, or 0.6%, on December 19 from the previous
level, coming in at $64.25 per barrel, a source in the oil market
told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
grew by $0.38, or 0.6%, to $62.15 per barrel.
The price of URALS crude increased by $0.29, or 0.9%, to $32.05
per barrel, while Brent Dated crude from the North Sea rose by
$0.24, or 0.4%, to $61.17 per barrel
Azerbaijan’s 2025 state budget is based on an average oil price
of $70 per barrel.
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