Azerbaijani Oil Declines In Pricing

2025-09-12 02:05:42

(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 12. The price of Azerbaijan's Azeri Light crude at Italy's Augusta port, on a CIF basis, decreased by $0.9, or 1.3 percent, on September 11 from the previous level to $68.12 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 $0.91, or 1.35 percent, to $66.64 per barrel.

The price of URALS crude dropped by $0.89, or 1.58 percent, to $55.35 per barrel, while Brent Dated crude from the North Sea saw a decrease of $0.84, or 1.25 percent, to $66.3 per barrel.

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

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