Baku 5° C
Azeri Light crude drops over 4% to $70.65 per barrel
Energy
- 30 September, 2025
- 10:12
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.
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