Azerbaijani oil price nears $70

Tural Ibadli
Author

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has risen by $0.72 or 1.06% settling at $68,83 per barrel

Notably, the record low of Azeri LT CIF was registered in December 2001 ($19.15) and the all time high was recorded in July 2008 ($149.66).

Other News

Kazakhstan plans to export 1.7 million tons of oil via BTC in 2027 05 November, 2026 / 19:29
Azerbaijan, Ukraine discuss 1,000 MW power plant in Mingachevir 05 November, 2026 / 14:20
Parviz Shahbazov: Baku aims to deepen energy partnership with Kyiv 05 November, 2026 / 14:16
Oil prices fall as US election results shift market outlook 05 November, 2026 / 09:59
Azeri Light oil price falls to $106 05 November, 2026 / 09:52
SOCAR, Comstock ink definitive purchase and sale agreement 05 November, 2026 / 09:18
Azerbaijani energy minister begins visit to Ukraine 04 November, 2026 / 21:47
Azerbaijan's associated gas production projected to rise 1.5% next year 04 November, 2026 / 21:17
ACG oil output forecast at 316,400 barrels per day in 2027 04 November, 2026 / 18:56
Serbia-Azerbaijan project to build gas-fired power plant opens for public consultation 04 November, 2026 / 17:12
BP to launch third phase of 4D seismic survey at ACG in January 2027 04 November, 2026 / 16:45
BP brings deep reservoir oil well online at ACG 04 November, 2026 / 15:35
Sangachal terminal exports 138 million barrels of oil and condensate 04 November, 2026 / 14:45
Sahil Babayev: SOCAR could fund gas network expansion in Azerbaijan 04 November, 2026 / 14:37
Documentary 'Crude & Ink: Stories Written in Oil' premieres in Baku 04 November, 2026 / 13:48
Shah Deniz produced 20 bcm of gas in nine months 04 November, 2026 / 13:00
BP announces Azerbaijan's ACG oil production figures for 2026 04 November, 2026 / 12:21
High global oil prices shouldn't fuel expectations of extra budget spending, MP says 04 November, 2026 / 12:10
Azeri Light crude drops to $113.45 per barrel 04 November, 2026 / 09:12
SOCAR, KazMunayGas mull increasing transit of Kazakh oil through Azerbaijan 03 November, 2026 / 17:04