Azerbaijani Oil Declines In Price

2025-09-05 02:06:15

(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 5. The price of Azerbaijan's Azeri Light crude at Italy's Augusta port, on a CIF basis, decreased by $0.41, or 0.59 percent, on September 4 from the previous level to $69.47 per barrel, a source in the oil market told Trend .

At Türkiye's Ceyhan port, the FOB price of Azeri Light crude went down by $0.4, or 0.58 percent, to $68 per barrel.

The price of URALS crude declined by $0.31, or 0.55 percent, to $56.21 per barrel, while Brent Dated crude from the North Sea saw a reduction of $0.39, or 0.57 percent, to $67.32 per barrel.

Azerbaijan's 2025 state budget is based on an average oil price of $70 per barrel.

MENAFN05092025000187011040ID1110020900

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.