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Azerbaijani oil prices oil prices Azeri Light CIF oil Azeri LT FOB Azeri LT CIF Augusta Azeri LT FOB Ceyhan Azerbaijan's oil price on rise

Azerbaijani oil gains in price

BAKU, Azerbaijan, August 15. In Italy’s Augusta port, the price of Azeri Light crude under CIF terms rose by $1.38, or 2.07 percent, to $68.10 per barrel, an oil market source told TurkicWorld.

In Türkiye’s Ceyhan port, the price of Azeri Light under FOB terms climbed by $1.39, or 2.13 percent, reaching $66.57 per barrel.

URALS crude gained $1.28, or 2.33 percent, to settle at $56.14 per barrel.

Brent Dated crude from the North Sea rose by $1.38, or 2.06 percent, to $68.29 per barrel.

Azerbaijan’s 2025 state budget sets the average oil price at $70 per barrel.

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