Baku 21° 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
20:02
Recep Tayyip Erdogan calls Ilham Aliyev
Foreign policy
19:56
Daughter of Azerbaijani missing since 1992 appeals for answers in Brussels
Diaspora
19:50
Photo
Azerbaijan takes part in OGT-2026 energy conference in Ashgabat
Energy
19:33
Photo
Azerbaijan hosts second module of NATO-backed medical English course
Military
19:16
Azerbaijan U-16 team to hold open training ahead of FIFA U-15 event
Football
18:54
Azerbaijan, Hungary discuss bilateral ties and cooperation prospects
Foreign policy
18:39
Families of missing Azerbaijanis seek to make their voices heard in Europe
Diaspora
18:12
Türkiye, Qatar, Pakistan and Indonesia sign defense cooperation pact
Other countries
18:08
Photo
Video
Brussels rally: 'We want to know the truth about the fate of missing Azerbaijanis'
Diaspora