Baku 27° C
Azerbaijani oil price drops below $77
Energy
- 14 February, 2025
- 05:52
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.79, or 1.02%, to $76.85 per barrel, Report informs.
April futures for Brent crude were traded at $75.12 per barrel.
The price of one barrel of Azeri Light crude oil on FOB basis at Türkiye's Ceyhan port decreased by $0.78 or 1.02% to $75.39.
The average oil price in Azerbaijan's state budget for 2025 was set at $70 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.
Author
Latest News
10:42
Russian strikes kill two, injure 31 in Ukraine's Kherson, Kharkiv regions
Other countries10:34
Azerbaijani-origin official appointed head of Kyiv Oblast administration
Region10:24
Infant remains at former Catholic-run mother and baby home in Ireland rise to 99
Other countries10:16
8 injured in gas explosion near metro station in Barcelona
Other countries10:13
Wildfire in southwestern France forces evacuation of 12,000 people
Other countries10:01
CBA currency exchange rates (23.07.2026)
Finance09:50
FT: Greece secures Russian LNG carve-out in EU sanctions talks
Other countries09:44
Azeri Light crude surpasses $100 per barrel
Energy09:37