Baku 14° C
Azerbaijani oil price falls slightly
Energy
- 29 August, 2025
- 10:37
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 $0.3, or 0.43%, to $69.31 per barrel, Report informs.
October futures for Brent crude were traded at $67.45 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 $0.29 or 0.42%, amounting to $67.81.
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.
Latest News
22:12
Plenković: Azerbaijan-hosted EPC summit will be an important contribution to European cooperation – Exclusive
Foreign policy
21:50
Leyla Aliyeva discusses biodiversity conservation and ecosystem restoration in Antalya
Foreign policy
21:41
AfD to nominate former footballer Thomas Berthold for German presidency
Other countries
21:34
Photo
Leyla Aliyeva takes part in discussions on Caspian environmental issues at COP31
Foreign policy
21:20
New moth species discovered in Kazakhstan
Interesting
20:51
Euronews on outcomes of Ilham Aliyev's participation in EPC Summit: From energy to peace process
Foreign policy
20:24
Cyber police detain man suspected of blackmailing students through social media
Incident
20:14
NATO foreign ministers to meet in Brussels on December 2
Other countries
19:46
UK minister: Strategic partnership declaration marks significant new chapter in relations with Baku
Foreign policy