Azeri Light oil price rises to $69 per barrel

Agshin Rafigoglu
Author

The price of one barrel of Azerbaijan’s Azeri Light crude oil has increased by $0.56 or 0.82%, reaching $68.90, Report informs, citing a source in the oil market.

Based on the auction results, the price of October futures for Brent crude oil stood at $67.56 per barrel.

At Türkiye's Ceyhan port, the price of a barrel of Azeri Light oil on a FOB basis rose by $0.53 or 0.79%, amounting to $67.36.

In Azerbaijan’s 2025 state budget, the average price of one barrel of oil is calculated at $70.

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