The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by $1.62 (2.06 percent) on February 6 compared to the previous rate, standing at $76.8 per barrel, AzVision.az reports, citing a source in the country's oil and gas market.
On a FOB basis in the Turkish port of Ceyhan, the price of Azeri Light went down by $1.64 (2.12 percent) to $75.59 per barrel.
The price of URALS crude lowered by $2.02 (3.22 percent) from the previous rate, amounting to $60.55 per barrel.
The price of North Sea benchmark crude, Dated Brent, was $1.54 (2.01 percent) less than the previous rate, standing at $74.83 per barrel.
The official exchange rate for February 6 is 1.7 AZN/USD.
In the state budget of Azerbaijan for 2025, the average price of one barrel of oil was calculated at $70.
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