Baku 23° C
Azeri Light crude drops to $69.30 per barrel on global market
Energy
- 27 August, 2025
- 10:07
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 oil decreased by $0.43, or 0.62%, to $69.30 on the global market, according to sources, Report informs.
As per trading results, the price of Brent crude oil futures for October delivery stood at $67.44 per barrel.
At Türkiye’s Ceyhan port, the FOB price for a barrel of Azeri Light oil also fell by $0.40, or 0.59%, to $67.76.
For 2025, Azerbaijan’s state budget is based on an average oil price of $70 per barrel.
Author
Latest News
15:14
Photo
President Ilham Aliyev holds expanded meeting with President of Laos - UPDATED
Foreign policy
15:13
EC approves Italy's 8B euro defense plan under SAFE program
Other countries
15:09
GDP of Azerbaijan's Nakhchivan up 3.5% in Jan-Sept 2026
Finance
15:08
Azerbaijan U-23 minifootball team draws 3-3 with Romania in World Cup opener
Football
14:57
Scientists call for international body to oversee advanced AI
Other countries
14:48
Azerbaijan to assess credit risk based on bank card transactions
Finance
14:42
Photo
President of Laos visits Alley of Honors in Baku
Foreign policy
14:31
Azerbaijan, Czechia discuss promoting Middle Corridor
Infrastructure
14:27
Azerbaijani Parliament to hold next plenary meeting on October 16
Domestic policy