Azerbaijani oil surges by almost $1

Gunel Abbasova
Author

Baku. 31 February. REPORT.AZ/ The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has risen by $0.94 or 1.49% settling at $63.83 per barrel, Report informs.

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

Azerbaijan's oil exports to Portugal reached almost $222M in 1H2026 25 July, 2026 / 17:17
Azerbaijan's oil exports to Croatia exceeded 276,000 tons in 1H2026 25 July, 2026 / 14:39
Azeri Light crude drops to $102.73 per barrel 25 July, 2026 / 09:41
SOCAR mulls financial results for 2025 24 July, 2026 / 22:21
S&P keeps forecast for oil, gas prices until end of 2029 unchanged 24 July, 2026 / 21:00
Azerbaijan's crude oil exports to Greece rise 22.4% in 1H2026 24 July, 2026 / 18:42
Azerbaijan's oil exports to Tunisia up 2.4 times in 1H2026 24 July, 2026 / 17:12
Azerbaijan's oil exports to Czech Republic up 11% in value 24 July, 2026 / 10:39
Brent holds above $100 as Middle East tensions support oil prices 24 July, 2026 / 10:20
Azeri Light crude exceeds $109 per barrel 24 July, 2026 / 09:53
North Macedonia adapting gas links with Serbia, Greece for hydrogen transport 23 July, 2026 / 19:56
Azerbaijan, PowerChina explore solar, wind energy projects 23 July, 2026 / 16:38
Iraq values energy deals signed during PM's US visit at $200B 23 July, 2026 / 16:23
TotalEnergies Q2 2026 profit doubles to $6B on elevated energy prices 23 July, 2026 / 14:45
SOFAZ's revenues from Shah Deniz rise over 3% 23 July, 2026 / 14:00
SOFAZ earns nearly AZN 4.4 billion from ACG in 1H2026 23 July, 2026 / 13:48
Azerbaijan sees 4.5-fold surge in crude oil exports to Bulgaria 23 July, 2026 / 13:13
Hydropower plants in Azerbaijan's Kalbajar to get int'l carbon certificates 23 July, 2026 / 12:05
Gas prices in Europe exceed $750 23 July, 2026 / 11:35
Azeri Light crude surpasses $100 per barrel 23 July, 2026 / 09:44