BAKU, Azerbaijan, August 26. The price of
Azerbaijan's Azeri Light crude on a CIF basis at the Italian port
of Augusta eased by $3.20, or 3.4%, from the previous level to
$91.93 per barrel.
The information was provided by oil market participants.
“The price of Azerbaijan's Azeri Light crude on an FOB basis at
the Turkish port of Ceyhan decreased by $3.12, or 3.4%, to $88.50
per barrel. The price of URALS crude fell by $3.52, or 5.1%, from
the previous level to $64.89 per barrel. The price of North Sea
Dated Brent crude decreased by $3.60, or 3.9%, to $89.00 per
barrel,” the information said.
Azerbaijan's 2026 state budget is based on an average oil price
of $65 per barrel.
Will be updated