Azeri Light oil price tumbles

Tural Ibadli
Author

Azeri LT CIF crude oil, exported from Azerbaijan to the world markets, decreased by $ 0.59 (1.32%), settling at $ 44.26 per barrel, Report informs.

The lowest price for Azeri Light was recorded on April 21, 2020 ($ 15.81), and in July 2008, the all-time high was $ 149.66.

Other News

SOCAR Capital wins international award for green bond issuance 04 February, 2026 / 20:17
MPD technology planned for use at Azerbaijan's Gunashli field 04 February, 2026 / 17:07
SOCAR: Security measures at production facilities tightened amid adverse weather 04 February, 2026 / 11:53
BP discloses volume of its investments in projects in Azerbaijan 04 February, 2026 / 11:05
SOCAR exploring alternative technologies to make mature fields more profitable 04 February, 2026 / 11:01
Gas reserves in European storage facilities fall below 40% 04 February, 2026 / 10:55
SOCAR switching to more cost-effective solutions as well production rates decline 04 February, 2026 / 10:44
SOCAR reveals drilling plans for 2026 04 February, 2026 / 10:15
Azeri Light crude rises to $69.8 per barrel 04 February, 2026 / 09:36
SOCAR launches Operational Technology Academy 03 February, 2026 / 15:51
Azerbaijan's Astara modular power plant produces 5.2 billion kWh of electricity 03 February, 2026 / 13:56
Oil prices fall amid easing geopolitical risks 03 February, 2026 / 09:37
Azeri Light oil price drops nearly 5 percent on global markets 03 February, 2026 / 09:28
Hungary appeals to EU Court of Justice over ban on energy imports from Russia 02 February, 2026 / 20:02
SOCAR and Yokogawa Europe B.V. sign MoU 02 February, 2026 / 19:53
Oil prices fall 4% on signs of easing tensions between US, Iran 02 February, 2026 / 10:24
Kazakh Energy Ministry: Oil production restored at Tengiz field 31 January, 2026 / 14:24
Azerbaijani oil price in global market exceeds $73 31 January, 2026 / 10:53
Japan seeks to expand 'green' energy cooperation with Azerbaijan 30 January, 2026 / 20:49
Azerbaijan increases RON 95 gasoline imports by 1.7 times 30 January, 2026 / 15:14