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Azeri Light crude drops to $69.30 per barrel on global market
Energy
- 27 August, 2025
- 10:07
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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.
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