Azerbaijani oil price declines by over 3%

Economic Department
Author

Baku. 6 July. REPORT.AZ/ Price of the Azerbaijani Azeri LT CIF crude, put for sale on world markets, went down by 1,68 USD or 3,35%.

Report informs, price of oil brand Azeri LT CIF now makes 48,48 USD per barrel.

Notably, the minimum price of Azeri LT CIF was recorded in December 2001 (19.15 USD) and the maximum value of the brand was registered in July 2008 (149.66 USD).  

Other News

Azerbaijan cuts kerosene imports by 70% 26 February, 2026 / 16:04
Slovak gas industry to be represented in Southern Gas Corridor meeting in Baku 26 February, 2026 / 12:16
Azeri Light oil price falls to $71.46 per barrel 26 February, 2026 / 10:07
Seabed exploration for Caspian-Black Sea-Europe Green Energy Corridor to be conducted in 2 phases 26 February, 2026 / 08:40
Ambassador: Azerbaijan is Ukraine's strategic energy partner 25 February, 2026 / 19:01
Jorgensen to represent EU at SGC and green energy meetings in Baku - EXCLUSIVE 25 February, 2026 / 16:08
SOCAR and Samsung E&A ink memorandum 25 February, 2026 / 14:08
4,500 tons of diesel fuel to be shipped from Azerbaijan to Armenia 25 February, 2026 / 09:57
Azeri Light crude drops to $71.97 per barrel 25 February, 2026 / 09:52
Minister: Bulgargaz exists thanks to contract with Azerbaijan 24 February, 2026 / 17:09
SOCAR, UK's Wood discuss cooperation in digitalization 24 February, 2026 / 16:49
Azerenergy signs green energy memorandum for WUF13 24 February, 2026 / 16:13
Azerbaijan, Iran discuss hydropower projects and electricity exports 24 February, 2026 / 13:52
Gas prices in Europe fall to $385.6 24 February, 2026 / 12:34
Azerbaijani oil price surpasses $73 24 February, 2026 / 10:00
Baku hosts performance leadership forum for SOCAR's top management 23 February, 2026 / 16:28
AzerEnerji, IRIA agree on digitalization cooperation 23 February, 2026 / 16:09
Wind power generation in Azerbaijan surges almost 22-fold 23 February, 2026 / 14:29
Azerbaijan Energy Ministry signs deals for solar power plants in Nakhchivan 23 February, 2026 / 13:44
Gas prices in Europe fall 3.5% 23 February, 2026 / 13:09