BAKU, Azerbaijan, February 21. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, moved down by $0.51, or 0.71%, on February 25 from the
previous level, coming in at $71.46 per barrel, a source in the oil
market told Trend.


At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
also decreased by $0.43, or 0.62%, to $68.93 per barrel.


The price of URALS crude went down by $1.51, or 3.82%, to $37.98
per barrel, while Brent Dated crude from the North Sea receded by
$0.54, or 0.76%, to $70.79 per barrel.







Azerbaijan’s 2026 state budget is based on an average oil price
of $65 per barrel.