Baku 27° C
Azeri Light crude price drops on global market
Energy
- 22 January, 2026
- 10:19
The price of one barrel of Azerbaijan's Azeri Light crude oil on the world market fell by $1.44, or 2.07 percent, to $67.95, Report informs, citing a source in the oil market.
According to the trading results, the price of March futures for Brent crude stood at $67.43 per barrel.
At Türkiye's Ceyhan port, on an FOB basis, the price of one barrel of Azerbaijan's Azeri Light crude oil decreased by $1.49, or 2.23 percent, to $65.44.
In Azerbaijan's state budget for this year, the average price of one barrel of oil is based on $65.
Author
Latest News
00:45
Washington hosts trilateral meeting of Azerbaijani, US and Armenian diplomats
Foreign policy00:10
President: Project to lay power transmission lines from Azerbaijan to Nakhchivan through Armenia is ready
Domestic policy00:04
Hydropower plant planned to be built in Ordubad district
Energy23:55
President Ilham Aliyev: We have seen the advantages of the new governance system in Garabagh and East Zangezur
Domestic policy23:50
Video
President Ilham Aliyev's social media accounts shared video about his visit to Nakhchivan
Domestic policy23:39
President: Nakhchivan, East Zangezur and Garabagh should be developed based on a unified concept
Domestic policy23:19
Photo
Video
Sabah reach Champions League playoff stage for first time
Football23:03
President: Many international organizations interested in Nakhchivan segment of Azerbaijan's railway
Foreign policy22:57