BAKU, Azerbaijan, August 19. At Italy’s Augusta port, the price of Azerbaijan’s Azeri Light crude (CIF) fell by $0.46, or 0.67%, to $68.13 per barrel, a source in the oil market told TurkicWorld.
At Türkiye’s Ceyhan port, the price of Azeri Light crude (FOB) declined by $0.47, or 0.70%, to $66.61 per barrel.
Meanwhile, the price of Urals crude slipped by $0.68, or 1.22%, to $55.15 per barrel.
North Sea Dated Brent also moved lower, down $0.56, or 0.82%, to $67.35 per barrel.
Azerbaijan’s 2025 state budget is based on an average oil price of $70 per barrel.
