Baku 21° C
Azeri Light crude oil price drops to $68.51 per barrel
Energy
- 03 October, 2025
- 09:56
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of one barrel of Azeri Light crude oil has decreased by $1.10, or 1.58%, settling at $68.51 on the global market, Report informs.
Brent crude's December futures closed at $66.01 per barrel following trading sessions.
At Türkiyey's Ceyhan port, the FOB price of Azeri Light also dropped-falling by $1.12 or 1.65% to $66.95 per barrel.
For reference, Azerbaijan's 2025 state budget is based on an average oil price of $70 per barrel.
Author
Latest News
10:49
Azerbaijan proposes joint development of renewable energy with Laos
Energy
10:46
Azerbaijani business delegation plans visit to Vietnam in 2027
Business
10:44
Laos proposes establishing joint business council with Azerbaijan
Business
10:42
Laos invites Azerbaijani businesses to its special economic zones on preferential terms
Business
10:38
Photo
Baku hosting 3rd National Competition Forum
Business
10:37
Laos proposes connecting Azerbaijani ports to Southeast Asian markets
Infrastructure
10:36
Laos and Azerbaijan negotiating bilateral investment agreement
Business
10:33
Azerbaijan invites Lao companies to participate in investment projects
Business
10:27
Hafiz Pashayev: ADA University places special emphasis on engineering disciplines
Education and science