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Azeri Light crude rises to $63.87 per barrel
Energy
- 19 December, 2025
- 10:14
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.47, or 0.74%, to $63.87 per barrel, Report informs.
February futures for Brent crude were traded at $60.93 per barrel.
The price of a barrel of Azerbaijani oil of the Azeri LT CIF on Free on Board (FOB) basis at Türkiye's Ceyhan port rose by $0.84 or 0.73%, amounting to $61.77.
The average oil price in Azerbaijan's state budget for 2025 was set at $70 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.
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