BAKU, Azerbaijan, November 19. The price of Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF basis, went up by $0.07, or 0.1 percent, on November 18 from the previous level, coming in at $68 per barrel, a source in the oil market told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude increased by $0.1, or 0.2 percent, to $65.82 per barrel.
The price of URALS crude dipped by $0.5, or 0.9 percent, to $51.65 per barrel, and Brent Dated crude from the North Sea dropped by $0.1, or 0.2 percent, to $63.55 per barrel.
Azerbaijan’s 2025 state budget is based on an average oil price of $70 per barrel.
Stay up-to-date with more news on Trend News Agency's WhatsApp channel