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Azerbaijani Oil Down In Price
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 3. The price of
Azerbaijan's Azeri Light crude at Italy's Augusta port, on a CIF
basis, decreased by $1.1, or 1.6 percent, on October 2 from the
previous level to $68.51 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 $1.12, or 1.64 percent, to $66.95 per barrel.
The price of URALS crude dropped by $1.43, or 2.61 percent, to $54.75 per barrel, while Brent Dated crude from the North Sea saw a dip of $1.42, or 2.1 percent, to $66.01 per barrel.
Azerbaijan's 2025 state budget is based on an average oil price of $70 per barrel.
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