Baku 2° C
Azeri Light crude climbs on global markets
Energy
- 21 January, 2026
- 09:57
The price of Azerbaijan's Azeri Light crude oil on the global market increased by $0.51, or 0.74%, reaching $69.39 per barrel, according to a source in the oil market cited by Report.
Trading results also showed that March futures for Brent crude were priced at $68 per barrel, reflecting stable trends in international oil markets.
At Türkiye's Ceyhan port, the FOB price of Azeri Light rose by $0.65, or 0.98%, to $66.93 per barrel.
Azerbaijan's state budget for this year is calculated based on an average oil price of $65 per barrel.
Author
Latest News
20:57
Iran's top security official, Sultan of Oman mull results of talks with US
Region20:54
Photo
Azerbaijan and US sign Charter on Strategic Partnership - UPDATED
Foreign policy20:47
Torrential rain in Colombia kills 22, thousands displaced
Other countries20:37
Photo
President of Azerbaijan Ilham Aliyev and US Vice President James David Vance deliver press statements - UPDATED
Foreign policy20:34
Azerbaijan and US to expand energy cooperation in oil, gas, and power
Energy20:29
Azerbaijan and US agree to enhance regional connectivity via Middle Corridor
Other20:27
US to support creation of AI data centers in Azerbaijan
Infrastructure20:22
US Embassy: US business delegation's visit to Baku opens new opportunities for cooperation
Business20:17