BAKU, Azerbaijan, November 21. The price of Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF basis, went up by $0.02, or 0.03 percent, on November 20 from the previous level, coming in at $67.69 per barrel, a source in the oil market told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude grew by $0.05, or 0.08 percent, to $65.6 per barrel.
The price of URALS crude dipped by $0.77, or 1.54 percent, to $49.31 per barrel, while Brent Dated crude from the North Sea rose by $0.19, or 0.3 percent, to $63.54 per barrel.
Azerbaijan’s 2025 state budget is based on an average oil price of $70 per barrel.
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