BAKU, Azerbaijan, December 25. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, went up by $0.48, or 0.73%, on December 24 from the previous
level, coming in at $66.62 per barrel, a source in the oil market
told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
grew by $0.46, or 0.72%, to $64.53 per barrel.
The price of URALS crude increased by $0.49, or 1.44%, to $34.62
per barrel, while Brent Dated crude from the North Sea rose by
$0.45, or 0.71%, to $63.52 per barrel
Azerbaijan’s 2025 state budget is based on an average oil price
of $70 per barrel.
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