Baku 18° C
Azerbaijani oil price in global market reaches almost $70
Energy
- 23 April, 2025
- 09:58
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 $0.65, or 0.94%, to $69.99 per barrel, Report informs.
June futures for Brent crude were traded at $68.99 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 grew by $0.71 or 1.05%, amounting to $68.25.
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
18:50
Photo
Russian missile barrage kills three in Kyiv, damages hospital and key bridge
Other countries
18:30
Azerbaijan establishes AI Observatory to boost economic competitiveness
ICT
18:28
OSCE PA President Pere Joan Pons steps down - Exclusive
Other countries
18:27
Asa Regner: UNESCO allocates $500,000 to support 48 local initiatives
Foreign policy
18:24
Photo
Jeyhun Bayramov discusses prospects for cooperation with ICESCO
Foreign policy
18:20
President: World Forum on Intercultural Dialogue has transformed into efficient and inclusive platform
Foreign policy
18:13
Deputy minister outlines AI Hub's role in economic transformation
Business
17:57
Photo
Jeyhun Bayramov, Alexander Zuev discuss plans to expand UNOCT presence in Azerbaijan
Domestic policy
17:56
Emin Huseynov: Experience of rebuilding Azerbaijan's Garabagh may be of interest to other countries
Karabakh