Baku 16° C
Azeri Light crude drops to $67.86 per barrel
Energy
- 27 January, 2026
- 10:25
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.48, or 0.7%, to $67.86 per barrel, Report informs.
March futures for Brent crude were traded at $67.82 per barrel.
The price of a barrel of Azeri LT CIF on Free on Board (FOB) basis at Türkiye's Ceyhan port fell by $0.51 or 0.77%, amounting to $65.25.
The average oil price in Azerbaijan's state budget for 2026 was set at $65 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
16:36
Iran strikes Israeli F-16 fighter jet
Other countries16:31
US and Israel attack piers and vessels in Iran's Bushehr
Other countries16:02
Katz says strikes on Iran to intensify this week
Other countries15:56
Britain says Iran's actions in Middle East are threat to its interests
Other countries15:24
Azerbaijan increases cotton fabric production by nearly 3%
Industry15:03
EU member states urged to lower gas storage targets due to Iran war
Energy14:51
Azerbaijan increases shoe production by 36%
Industry14:46
Azerbaijan's direct investments in Russian economy grow by nearly 3 times
Finance14:11