BAKU, Azerbaijan, March 6. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, moved up by $5.61, or 6.82%, on March 5 from the previous
level, coming in at $87.90 per barrel, a source in the oil market
told Trend.


At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
grew by $5.34, or 6,82%, to $83.69 per barrel.


The price of URALS crude also went up by $5.04, or 10.75%, to
$51.94 per barrel, while Brent Dated crude from the North Sea rose
by $6.55, or 8.07%, to $87,71 per barrel.








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