Baku 18° C
Azeri Light crude drops over 4% to $70.65 per barrel
Energy
- 30 September, 2025
- 10:12
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of one barrel of Azerbaijan's Azeri Light crude has dropped by $3.11, or 4.22%, settling at $70.65 on the global market, Report informs, citing industry sources.
According to trading data, Brent crude futures for November delivery were priced at $68.85 per barrel.
At Türkiye's Ceyhan port, the FOB price of Azeri Light also fell by $3.13, or 4.33%, to $69.11 per barrel.
For reference, Azerbaijan's 2025 state budget is based on an average oil price of $70 per barrel.
Author
Latest News
21:11
Azerbaijan, Latvia hold consular consultations in Riga
Foreign policy
20:50
US, Iran make concessions toward interim peace deal
Other countries
20:22
Azerbaijani brothers win honors at international mental arithmetic olympiad
Individual sports
20:01
Baku land prices rise 17.9% on average in October
Infrastructure
19:39
Pashinyan: Armenia–Azerbaijan peace opens new opportunities for South Caucasus
Foreign policy
19:12
Armenia could apply for EU membership next year, Pashinyan says
Region
18:51
Ilham Aliyev sends congratulations to Bulgaria's president-elect
Foreign policy
18:43
US Assistant Secretary Paul Kapur visits Turkmenistan
Other countries
18:13
Norway allocates $107.6 million for investment in Ukraine
Other countries