BAKU, Azerbaijan, December 23. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, went up by $1.46, or 2.3%, on December 22 from the previous
level, coming in at $65.71 per barrel, a source in the oil market
told Trend.


At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
grew by $1.49, or 2.5%, to $63.64 per barrel.


The price of URALS crude increased by $1.61, or 5%, to $33.66
per barrel, while Brent Dated crude from the North Sea rose by
$1.29, or 2.1%, to $62.46 per barrel







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