Azerbaijani oil price down below 55 USD

Tural Ibadli
Author

Baku. 7 December. REPORT.AZ/ Price of the Azerbaijani Azeri LT CIF crude, selling on world markets, went down by 1,04 USD or 1,86%.

Report informs, the price of oil brand Azeri LT CIF makes 54,09 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

Georgia's imports of oil and petroleum products from Azerbaijan skyrocket 19 March, 2026 / 17:40
Khudatyan: Yerevan, Ankara to evaluate investments in energy grid unification 19 March, 2026 / 17:06
Brent crude price exceeds $116 19 March, 2026 / 13:04
Gas prices in Europe exceed $850 19 March, 2026 / 11:54
Price of Azeri Light crude oil approaches $118 per barrel 19 March, 2026 / 10:10
Azerbaijan discusses renewable energy projects with Chinese company 18 March, 2026 / 19:26
Azerbaijan's fuel production declines in early 2026 18 March, 2026 / 18:29
Urea production in Azerbaijan drops sharply in early 2026 18 March, 2026 / 18:07
Oil transport via BTC pipeline declines in early 2026 18 March, 2026 / 17:50
Commercial gas production in Azerbaijan increases by 3% 18 March, 2026 / 17:39
Transportation via Baku-Tbilisi-Erzurum pipeline increased by nearly 8% 18 March, 2026 / 17:05
Saudi Aramco restarted Ras Tanura oil refinery on March 13, IIR says 18 March, 2026 / 16:56
Oil prices fall 18 March, 2026 / 11:18
Azeri Light crude price dips in global markets 18 March, 2026 / 09:57
Kazakhstan and EU strengthen energy partnership 17 March, 2026 / 18:59
Top 10 buyers of Azerbaijani oil 17 March, 2026 / 18:54
Transportation of Kazakhstani oil via Azerbaijan reaches 4 million tons 17 March, 2026 / 18:27
Iraq in talks with Iran on tanker passage through Strait of Hormuz 17 March, 2026 / 15:21
Chinese firms resume purchases of Russian oil after four-month pause 17 March, 2026 / 14:51
Azerbaijan sees increase in revenue from oil product exports by 52% 17 March, 2026 / 14:41