Baku 20° C
Azerbaijani oil price in global market slightly up
Energy
- 20 August, 2025
- 09:43
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 $0.21, or 0.3%, to $68.34 per barrel, Report informs.
October futures for Brent crude were traded at $67.32 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 $0.22 or 0.33%, amounting to $66.83.
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
13:19
Director general: Baku seismic assessment to be completed in February 2027
Education and science
13:09
AAA-rated assets account for nearly 27% of SOFAZ portfolio
Finance
13:05
Archil Sikharulidze: Friendship between Azerbaijan, Georgia should continue to develop
Foreign policy
13:04
Kazakhstan's Kurultai speaker calls for stronger interparliamentary ties with Azerbaijan
Foreign policy
12:59
Mandatory requirements for high-risk AI systems in EU postponed until end of 2027
ICT
12:54
Azerbaijan to grant residence permits to foreign agronomists, veterinarians
Milli Majlis
12:54
Deployment of AI by state structures without prior risk analysis can lead to massive data breaches, expert says
ICT
12:53
More than 690 people attend mine safety awareness events in liberated territories
Domestic policy
12:49
Minister: International projects to accelerate transformation of Nakhchivan into green energy zone
Energy