Baku 22° C
Azerbaijani oil price drops below $70
Energy
- 20 September, 2025
- 11:16
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 $0.72, or 1.02%, to $69.53 per barrel, Report informs.
November futures for Brent crude were traded at $66.95 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 $0.72 or 1.05%, amounting to $67.99.
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
18:30
Ilham Aliyev proposes scholarships for Lao students in Azerbaijan
Foreign policy
18:23
Azerbaijan's agricultural output rises 1.1% in January-September
AIC
18:14
Photo
Ali Asadov chairs meeting on oil refining and petrochemical development
Energy
18:13
'One nation, two states': Who gave anyone the right to dictate to Azerbaijan?
Analytics
18:10
President Ilham Aliyev's social media accounts feature Lao leader's official visit
Foreign policy
18:07
Photo
Presidents of Azerbaijan and Laos deliver press statements - UPDATED
Foreign policy
17:51
Nakhchivan's foreign trade turnover up over 67%
Business
17:48
Ukrainian MP thanks Azerbaijani President for humanitarian aid
Other countries
17:44
Shavkat Mirziyoyev to arrive in Azerbaijan tomorrow
Foreign policy