BAKU, Azerbaijan, June 16. The value of
Azerbaijan’s Azeri Mild crude at Italy’s Augusta port, on a CIF
(Price, Insurance coverage, and Freight) foundation, decreased by $3.95, or 4.36%,
on June 15 from the earlier degree, coming in at $86.55 per barrel,
a supply within the oil market informed Pattern.
At Türkiye’s Ceyhan port, the FOB (Free on Board) value of Azeri
Mild crude went down by $3.93, or 4.45%, to $84.3 per barrel.
The value of URALS crude dropped by $3.91, or 6.2%, to $59.11
per barrel, whereas Brent Dated crude from the North Sea fell by
$3.78, or 7.2%, to $84.45 per barrel.
Azerbaijan’s 2026 state funds is predicated on a median oil value
of $65 per barrel.
