Baku 13° C
Azerbaijani oil price rebounds
Energy
- 07 March, 2025
- 09:39
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.56, or 0.78%, to $71.96 per barrel, Report informs.
May futures for Brent crude were traded at $70.31 per barrel.
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
21:45
Axios: US offering ceasefire if Iran opens Strait of Hormuz
Other countries21:28
Kuwait says it puts out fire in airport fuel tanks after Iranian drone strike - UPDATED
Other countries21:18
Stubb and Trump mull 'ideas on NATO'
Other countries21:00
Mojtaba Khamenei: Iran will continue supporting 'resistance' against US, Israel
Region20:46
Iran fires largest missile barrage on Israel in weeks
Other countries20:23
Putin: Armenia cannot be in both EU and Eurasian Economic Union at once
Region20:11
IRGC says Strait of Hormuz will not be opened following Trumps' remarks
Other countries19:55
Pashinyan: Karabakh movement in Armenia should not be continued
Region19:44
Photo