Baku 8° C
Azerbaijani oil prices falling
Energy
- 20 March, 2025
- 11:50
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.09, or 0.12%, to $72.81 per barrel, Report informs.
May futures for Brent crude were traded at $71.52 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 $0.08 or 0.11%, amounting to $71.48.
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
14:04
Popsoi: Moldova condemns Iran's strikes on Azerbaijan
Foreign policy14:02
Moldova welcomes completion of Baku-Yerevan talks on text of peace treaty
Foreign policy13:58
Bayramov thanks Moldova for assistance in evacuating citizens from Ukraine
Foreign policy13:54
Jeyhun Bayramov: 'My Moldovan colleague and I assessed situation in Middle East'
Domestic policy13:53
Azerbaijan and Moldova discuss boosting trade turnover
Foreign policy13:52
Farid Shafiyev: Iran's drone attack on Nakhchivan was carried out intentionally
Foreign policy13:44
Jeyhun Bayramov: 'Iran promised to investigate, we are awaiting results'
Other13:34
Bayramov: Azerbaijan, Moldova to hold political consultations in 2H26
Foreign policy13:33
Photo