Baku 20° C
Azerbaijani oil price in global market falls by over 1%
Energy
- 12 December, 2025
- 10:46
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 $0.87, or 1.13%, to $64.36 per barrel, Report informs.
February futures for Brent crude were traded at $61.99 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 $0.98 or 1.5%, amounting to $63.31.
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
00:04
Azerbaijan, Portugal discuss trade missions and investment opportunities
Foreign policy
00:01
Rubio, Ambanis discuss energy and data centers
Other countries
23:36
Photo
Leyla Aliyeva tours Eternal City complex, meets Emine Erdoğan in Samarkand
Foreign policy
23:29
Wang Yi pledges support for peace in Middle East and Africa
Other countries
23:03
Photo
Azerbaijani missing persons" families meet EU officials in Brussels
Foreign policy
22:48
Why preserving public trust matters in Azerbaijan–Türkiye relations?
Analytics
22:32
Witkoff describes talks with Putin as constructive
Other countries
22:14
Leadership and political responsibility in Baku–Ankara relations -Analysis
Analytics
21:56
Azerbaijani MP says delays to peace treaty threaten regional stability
Foreign policy