BAKU, Azerbaijan, January 31. The price of Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF basis, moved up by $0.46, or 0.63%, on January 30 from the previous level, coming in at $73.35 per barrel, a source in the oil market told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude increased by $0.43, or 0.61%, to $70.74 per barrel.
The price of URALS crude went up by $0.46, or 1.10%, to $42.10 per barrel, and Brent Dated crude from the North Sea rose by $0.35, or 0.48%, to $72.71 per barrel.
Azerbaijan’s 2026 state budget is based on an average oil price of $65 per barrel.
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