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Azerbaijani oil valuation hits rough patch

Oil&Gas Materials 10 October 2025 09:38 (UTC +04:00)
Azerbaijani oil valuation hits rough patch
Aytaj Shiraliyeva
Aytaj Shiraliyeva
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BAKU, Azerbaijan, October 10.​ The price of Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF basis, decreased by $0.83, or 1.2 percent, on October 9 from the previous level to $69.25 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 $0.82, or 1.2 percent, to $67.62 per barrel.

The price of URALS crude decreased by $0.66, or 1.2 percent, to $55.06 per barrel, while Brent Dated crude from the North Sea fell by $0.67, or one percent, to $67.66 per barrel.

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

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