Baku 27° C
Azerbaijani oil price nears $74
Energy
- 27 September, 2025
- 11:00
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $1.33, or 1.84%, to $73.76 per barrel, Report informs.
November futures for Brent crude were traded at $71.93 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 $1.35 or 1.9%, amounting to $72.24.
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
22:53
Dan Jorgensen: EU aims to double electrification level by 2040
Other countries22:35
Brent crude price exceeds $88 per barrel
Energy22:15
Hoekstra: EU aims to turn emissions market into source of investment
Other countries21:56
8 dead, 34 missing after mountain collapse hits China's Chongqing
Other countries21:35
Photo
Court of Appeal concludes defendant statements in Armenian citizens' case
Domestic policy21:15
Mikayil Jabbarov, Shavkat Mirziyoyev mull mutual trade, investment initiatives
Foreign policy20:54
Ukrainian government appoints Khmara as acting defence minister and Sybiha as acting FM
Region20:27
7.3 magnitude earthquake quake strikes off Mexico coast
Other countries20:05