Baku 9° C
Azerbaijani oil price drops under $67
Energy
- 30 April, 2025
- 09:49
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.95, or 1.41%, to $66.26 per barrel, Report informs.
June futures for Brent crude were traded at $64.35 per barrel.
The price of a barrel of Azerbaijani oil of the Azeri LT CIF on Free on Board (FOB) basis at Türkiye's Ceyhan port fell by $0.95 or 1.45%, amounting to $64.52.
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
20:50
Thousands of buildings damaged in Tehran after US, Israeli attacks
Region20:39
Abbas Araghchi: Iran to respond to US, Israeli attacks on energy facilities
Region20:25
Vagif Sadigov: Azerbaijan became aviation corridor linking Europe, Asia
Foreign policy20:05
Pezeshkian: All destroyed infrastructure in Iran will be restored
Region19:48
Protesters in Cuba attack Communist party office in rare riot over blackouts
Other countries19:27
North Korea launches about 10 ballistic missiles
Other countries19:06
Japan eyeing introduction of Ukraine-made drones for defense
Other countries18:46
Trump says 'many countries' will send warships to keep Strait of Hormuz open
Other countries18:28