Central Asia Wire
Independent Central Asia Monitor
Breaking
Pashinyan sets terms for peace: no enclaves on either side, all roads open, no claimsTashkent drafts a 5,000-soum propane price from 1 November and a 3,000-soum subsidyChina Nerin’s half-year report prices its Togolok contract with Kumtor at $112.8 millionMeredov receives the EU envoy as a 10 million euro skills programme meets in Ashgabat
Energy

Azeri Light slips 2.85% to $127.87 a barrel, $63 above the budget’s $65

Azerbaijan’s export blend fell $3.75, or 2.85%, to $127.87 a barrel on the world market, Report wrote on 14 October citing an oil-market source, with the FOB Ceyhan price down $4.19 to $116.51. The blend stays about $63 above the $65 a barrel on which the 2026 state budget is calculated.

A slate-blue oil tanker moored beside a pier with loading arms at dusk and an amber beacon on the pier.

Report’s print of Wednesday morning puts Azeri Light at $127.87 on the world market, down $3.75 or 2.85% on the previous print, citing a source on the oil market at 09:45 Baku time. On an FOB basis at the Turkish port of Ceyhan the same blend stood at $116.51, down $4.19 or 3.47%.

The print keeps the blend about $63 above the $65 a barrel on which Azerbaijan’s 2026 state budget is calculated, by the outlet’s standing line, which also records the blend’s high of $149.66 in July 2008 and its low of $15.81 on 21 April 2020.

On an FOB basis at the Turkish port of Ceyhan the same blend stood at $116.51, down $4.19 or 3.47%.

Trend reported the same 2.85% fall at Italy’s port of Augusta, by its headline. CAW carried the blend above $125 on 9 October, by APA’s print of that day.

More from