Azerbaijani Oil Decreases In Price

2025-09-20 05:05:55

(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 20. The price of Azerbaijan's Azeri Light crude at Italy's Augusta port, on a CIF basis, decreased by $0.72, or 1.02 percent, on September 20 from the previous level to $69.53 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 $0.72, or 1.05 percent, to $67.99 per barrel.

The price of URALS crude decreased by $0.82, or 1.44 percent, to $55.90 per barrel, while Brent Dated crude from the North Sea saw a dip of $0.81, or 1.19 percent, to $66.95 per barrel.

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

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