Baku 23° C
Azerbaijani oil prices rise in global market
Energy
- 18 April, 2025
- 09:42
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 $0.88, or 1.28%, to $69.34 per barrel, Report informs.
June futures for Brent crude were traded at $68.45 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 grew by $0.9 or 1.35%, amounting to $67.54.
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
12:38
Azerbaijan becomes model of progress under President Ilham Aliyev's leadership, Kazakh president says
Foreign policy
12:36
Tokayev hails launch of Trans-Caspian communication line as an important milestone
Foreign policy
12:34
Azerbaijan's CICA chairmanship extended for two more years
Foreign policy
12:33
Tokayev: Azerbaijan working to transform CICA into full-fledged international organization
Foreign policy
12:30
Photo
President Ilham Aliyev addresses 7th CICA Summit - Updated
Foreign policy
12:28
Budget revenues in Azerbaijan from state property privatization up 10.7%
Finance
12:27
Azerbaijan establishes digital connectivity information system
ICT
12:25
Pashinyan sets target to sign peace treaty with Azerbaijan by 2031
Region
12:25
Photo
Azerbaijan, Turkmenistan, Uzbekistan discuss trilateral cooperation
Foreign policy