Baku 24° C
Azerbaijani oil price in global market falls
Energy
- 19 July, 2025
- 11:43
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 decreased by $0.49, or 0.67%, to $72.18 per barrel, Report informs.
September futures for Brent crude were traded at $71.28 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 $0.49 or 0.68%, amounting to $70.87.
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
13:27
Azerbaijan transports 29.7 bcm of gas through main pipelines in January-September
Energy
13:17
Indian ambassador ready to strengthen bilateral ties with Azerbaijan
Foreign policy
13:14
Photo
President Ilham Aliyev received newly appointed Indian ambassador to Azerbaijan
Foreign policy
13:13
Martirosyan: Armenia hopes to develop energy cooperation with Azerbaijan
Other countries
13:10
MP: Restoration of Azerbaijan's sovereignty resulted from struggle against occupation
Domestic policy
13:05
Von der Leyen: EU will not lift Russia sanctions until war ends
Other countries
13:02
Value of Azerbaijan's petroleum products output exceeds 4.6B manats
Energy
12:51
Azerbaijani MP: Equality and sovereignty underpin Baku's foreign policy
Foreign policy
12:50
CBA, BlackRock mull co-op prospects
AIC