Baku 24° C
Azerbaijani oil price in global market exceeds $109
Energy
- 14 March, 2026
- 09:32
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 increased by $3.52, or 3.3%, to $109.1 per barrel, Report informs.
May futures for Brent crude were traded at $103.47 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 rose by $3.61 or 3.6%, amounting to $105.24.
The average oil price in Azerbaijan's state budget for 2026 was set at $65 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
20:35
International coalition calls Armenia's hosting of COP17 a double standard
Foreign policy
20:20
Video
Video on Patriotic War shared on President Ilham Aliyev's social media accounts
Domestic policy
20:10
Ilham Aliyev congratulates National Paralympic Committee on 30th anniversary
Domestic policy
19:51
Celal Çiftçi publicly apologizes to Azerbaijan after being placed on wanted list
Foreign policy
19:37
Sweden to provide Ukraine with new $52.3 million aid package to support civilians during winter
Other countries
19:06
Azerbaijan readmits 52 people from European countries in September
Foreign policy
18:59
Photo
Azerbaijan, UAE discuss prospects for special forces cooperation
Military
18:41
CBA chairman links pace of economic diversification to 2027–2030 reforms
Finance
18:34
Taleh Kazimov: Rising oil and gas prices increase Azerbaijan's current account surplus
Finance