BAKU, Azerbaijan, February 11. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, moved down by $0.07, or 0.1%, on February 10 from the
previous level, coming in at $71.14 per barrel, a source in the oil
market told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
decreased by $0.07, or 0.1%, to $68.65 per barrel.
The price of URALS crude also went down by $0.17, or 0.4%, to
$40.63 per barrel, while Brent Dated crude from the North Sea
dipped by $0.07, or 0.1%, to $72.04 per barrel.
Azerbaijan’s 2026 state budget is based on an average oil price
of $65 per barrel.
