Azerbaijani oil price soars by over $ 2 on markets

Tural Ibadli
Author

Baku. 3 August. REPORT.AZ/ Price of Azerbaijani Azeri LT CIF crude oil put for sale on world markets soared by $ 2,08 or 2,87%.

Report informs, price of oil brand Azeri LT CIF now makes $ 74,56 / barrel.

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

Other News

Azerbaijan's Energy Ministry has appointed 115 energy managers nationwide to date 14 October, 2026 / 16:14
Uzbekistan adopts Azerbaijan's experience in energy sector 14 October, 2026 / 14:18
IEA: Azerbaijan fell 110,000 b/d short of OPEC+ quota in September 14 October, 2026 / 13:51
Minister: Azerbaijan carries out reforms to foster competition in energy sector 14 October, 2026 / 11:38
Parviz Shahbazov: Competitive selection attached particular importance in green energy projects 14 October, 2026 / 11:24
Parviz Shahbazov: Energy security must be aligned with consumer interests 14 October, 2026 / 11:11
Azerbaijan generates 4.2B kwh of green energy in nine months 14 October, 2026 / 10:58
Azerbaijan proposes joint development of renewable energy with Laos 14 October, 2026 / 10:49
Azeri Light crude drops below $128 per barrel 14 October, 2026 / 10:00
Azerbaijani ambassador highlights energy cooperation with EU at Zagreb forum 13 October, 2026 / 21:27
Ali Asadov chairs meeting on oil refining and petrochemical development 13 October, 2026 / 18:14
Azerbaijan's gasoline and diesel retail sales rise 4% in January-September 13 October, 2026 / 17:29
Azerbaijan fell short of its OPEC+ quota by 103,000 bpd in August 13 October, 2026 / 17:03
OPEC: Oil exports via BTC pipeline rise 8% in August 13 October, 2026 / 17:02
Brent falls to $105.51 per barrel 13 October, 2026 / 11:23
Azeri Light oil price rises to $131.62 per barrel 13 October, 2026 / 10:12
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries 12 October, 2026 / 23:17
Vallourec to supply over 16,000 tonnes of pipes for Azerbaijan's Absheron gas field 12 October, 2026 / 17:54
KazTransOil boosts oil shipments toward BTC 12 October, 2026 / 16:37
Mikayil Jabbarov: SOCAR exploring investment opportunities with Cambodia 12 October, 2026 / 16:36