BAKU, Azerbaijan, July 18. The price of Azerbaijan's Azeri Light crude oil on a CIF basis at Italy's Augusta port increased by $2.68, or 3.02%, from the previous session to $91.50 per barrel.
The information was provided by oil market participants.
"The price of Azerbaijan's Azeri Light crude oil on an FOB basis at the Turkish port of Ceyhan increased by $2.61, or 3.07 percent, to $87.57 per barrel.
The price of URALS crude oil rose by $1.76, or 3.38 percent, compared to the previous level, reaching $53.90 per barrel.
The price of North Sea Dated Brent crude increased by $1.78, or 2.15 percent, from the previous level to $84.66 per barrel," the information said.
Azerbaijan's 2026 state budget is based on an average oil price of $65 per barrel.
