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Azerbaijani Oil Moves Up In Price
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 10. The price of
Azerbaijan's Azeri Light crude at Italy's Augusta port, on a CIF
basis, went up by $2.87, or 4.4%, on January 9 from the previous
level, coming in at $68.51 per barrel, a source in the oil market
told Trend.
At Türkiye's Ceyhan port, the FOB price of Azeri Light crude grew by $2.79, or 4.37%, to $66.65 per barrel.
The price of URALS crude moved up by $2.6, or 7.8%, to $35.93 per barrel, while Brent Dated crude from the North Sea rose by $2.55, or 4%, to $65.48 per barrel.
Azerbaijan's 2026 state budget is based on an average oil price of $65 per barrel.
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