BAKU, Azerbaijan, February 10. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, moved up by $0.51, or 0.72%, on February 9 from the previous
level, coming in at $71.21 per barrel, a source in the oil market
told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
increased by $0.53, or 0.78%, to $68,72 per barrel.
The price of URALS crude went up by $0.53, or 1.32%, to $40.80
per barrel, and Brent Dated crude from the North Sea rose by $0.71,
or 1%, to $72.11 per barrel.
Azerbaijan’s 2026 state budget is based on an average oil price
of $65 per barrel.