Baku 16° C
Azeri Light crude drops to $69.43 per barrel
Energy
- 16 September, 2025
- 09:53
The price of one barrel of Azeri Light crude oil has decreased by $0.06, or 0.09%, settling at $69.43 on the global market, according to sources in the oil market, Report informs.
Brent crude oil futures for November delivery were priced at $67.60 per barrel based on trading results.
Meanwhile, at Türkiye's Ceyhan port, the price of Azeri Light oil on a FOB basis dropped by $0.04, or 0.06%, to $67.94 per barrel.
For comparison, Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.
Author
Latest News
16:19
Zelenskyy: Russian oil tankers still move freely along Europe's shores
Other countries16:12
Zelenskyy: Russia losing 156 troops for every kilometer in Donetsk direction
Other countries16:02
Iranian regine 'must be stopped immediately,' Zelenskyy says
Other countries15:36
Zelenskyy: Not single power plant left in Ukraine undamaged by Russia
Other countries15:18
Head of European Commission calls for implementation of Europe's mutual defense idea
Other countries15:08
Ursula von der Leyen: New technologies to help strengthen NATO-EU defense co-op
Other countries15:00
Photo
President Ilham Aliyev meets President of Bulgaria in Munich
Foreign policy14:47
Photo
President Ilham Aliyev meets Chairman of Bundestag's Foreign Affairs Committee in Munich
Foreign policy14:21