Azeri Light crude edges higher on global market
Energy
- 04 December, 2025
- 10:04
The price of one barrel of Azerbaijan's Azeri Light crude rose by $0.32, or 0.48%, reaching $66.54, Report informs referring to market sources.
February futures for Brent crude settled at $64.41 following recent trading.
At Türkiye's Ceyhan port, the FOB price of Azeri Light increased by $0.33, or 0.51%, to $64.54 per barrel.
In Azerbaijan's state budget for the current year, the average oil price is calculated at $70 per barrel.
Latest News
16:59
Photo
Anniversary of Khojaly genocide commemorated in Pakistan
Domestic policy16:50
Photo
Central Bank of Azerbaijan inks agreement to implement advanced compliance practices in financial sector
Finance16:45
Azerbaijan, Israel mull development of cooperation in agrarian sector
Foreign policy16:41
Azerbaijan boosts hazelnut exports to $170.7M
Business16:37
Papoyan: Yerevan sees prospects for large-scale bilateral trade with Baku
Region16:29
President Ilham Aliyev inspects reconstruction progress in Khanabad village of Khojaly district
Domestic policy16:23
President Ilham Aliyev inspected reconstruction progress in Khojavend town, met with town and village residents
Domestic policy16:18
Photo
Azerbaijan, EBRD discuss water infrastructure projects
Finance16:09