BAKU, Azerbaijan, January 27. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, moved down by $0.48, or 0.7%, on January 26 from the
previous level, coming in at $67.86 per barrel, a source in the oil
market told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
decreased by $0.51, or 0.78%, to $65.25 per barrel.
The price of URALS crude also went down by $0.51, or 1.38%, to
$36.56 per barrel, while Brent Dated crude from the North Sea
dipped by $0.45, or 0.66%, to $67.82 per barrel.
Azerbaijan’s 2026 state budget is based on an average oil price
of $65 per barrel.
Stay up-to-date with more news on Trend News
Agency's WhatsApp channel
