Baku 21° C
Azerbaijani oil price drops by 0.83% in global market
Energy
- 17 January, 2025
- 06:24
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.71, or 0.83%, to $84.07 per barrel, Report informs.
March futures for Brent crude were traded at $81.7 per barrel.
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
12:02
Yunus Abdulov: Development of Islamic finance requires creation of specialized banking mechanisms
Finance
11:59
Azerbaijan's Ministry of Finance plans to complete digitalization process within 1–2 years
Finance
11:57
Photo
Azerbaijan, Italy ink document on strategic partnership on critical raw materials
Industry
11:52
Azerbaijan's three-year digital development acceleration plan covers four key areas, IDDA says
ICT
11:50
CBA: 24/7 online monitoring should be implemented in payment systems
ICT
11:46
Talks underway at Routes World 2026 on launching new direct flights to Azerbaijan
Infrastructure
11:40
Azerbaijan plans FID on Caspian-Black Sea-Europe Green Energy Corridor in 2029
Energy
11:30
Ten Azerbaijani boxers reach European U15 Boxing Championships semifinals
Individual sports
11:25
Azerbaijan approves Long-Term Low-Emission Development Strategy
Energy