The price of Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF basis, moved up by $0.51, or 0.72%, on February 9 from the previous level, coming in at $71.21 per barrel, a source in the oil market told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude increased by $0.53, or 0.78%, to $68,72 per barrel.
The price of URALS crude went up by $0.53, or 1.32%, to $40.80 per barrel, and Brent Dated crude from the North Sea rose by $0.71, or 1%, to $72.11 per barrel.
Azerbaijan’s 2026 state budget is based on an average oil price of $65 per barrel.
