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flag Azeri Light crude oil prices dropped slightly to $73.40 per barrel, affecting Azerbaijan's budget.

flag Azeri Light crude oil prices have seen a slight decline this week, with CIF prices dropping to $73.40 per barrel, while FOB prices at Ceyhan averaged $72.16. flag The URALS crude price fell to $60.31, and Dated Brent averaged $72.86. flag Despite this, Azeri Light gained around $1, reaching $74.80. flag Azerbaijan's budget relies on an average oil price of $75 per barrel. flag Oil production is primarily from the Azeri-Chirag-Guneshli field, with SOCAR holding a 25% stake.

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