Baku 26° C
Azerbaijani oil price exceeds $103
Energy
- 10 March, 2026
- 10:05
The price of one barrel of Azerbaijani Azeri Light crude oil on the world market increased by $8.41, or 8.89%, to $103.03, a source in the oil market told Report.
According to the results of the trading, the price of May futures for Brent crude oil amounted to $102.84.
The price of one barrel of Azeri Light crude at the FOB basis at Turkish Ceyhan port increased by $8.6 or 9.5%, amounting to $99.10.
In Azerbaijan's state budget for this year, the average price of one barrel of oil has been calculated at $65.
Author
Latest News
00:01
Azerbaijan marks Alphabet and Language Day on August 1
Education and science23:55
Japan thanks Azerbaijan for condolences, aid offer after Kumamoto earthquake
Foreign policy23:51
Photo
Azerbaijan, Türkiye discuss alternative regional interconnector projects
Region23:31
US Central Command rejects Iran claim on closure of Strait of Hormuz
Other countries23:27
Zelenskyy signs law ratifying free trade agreement with Türkiye
Other countries23:11
Zelenskyy, Vance discuss strengthening Ukraine's air defense
Other countries22:55
Austria may temporarily close Schengen borders if migration pressure rises
Other countries22:46
Martin Ryan case: Which states were secretly targeted by France?
Incident22:15