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Azeri Light crude prices drop on global and regional markets
Energy
- 09 December, 2025
- 10:23
The price of one barrel of Azerbaijan's Azeri Light crude fell by $0.95, or 1.42%, reaching $66 on the global market, Report informs, citing a source in the oil sector.
February futures for Brent crude settled at $63.77 at the end of trading.
In Türkiye's Ceyhan port, the FOB price for a barrel of Azeri Light decreased by $0.98, or 1.51%, to $64.07.
Despite these declines, Azerbaijan's state budget for the year is based on an oil price of $70 per barrel.
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