Baku 24° C
Azeri Light crude rises to $64.25 per barrel
Energy
- 20 December, 2025
- 09:29
The price of Azerbaijan's Azeri Light crude oil rose on the global market, increasing by $0.38, or 0.59%, to $64.25 per barrel, a source in the oil market told Report.
According to auction results, February futures for Brent crude were priced at $61.17 per barrel.
Meanwhile, at Türkiye's Ceyhan port, the FOB price of Azeri Light crude increased by $0.38, or 0.61%, reaching $62.15 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.
Author
Latest News
17:43
Azerbaijan increases its spending on grain, legume imports from Türkiye
AIC17:27
Several Azerbaijani chess players recently improved their ratings, federation president says
Individual sports17:07
Greek F-4 crashes during an air show near Athens
Incident16:53
Tokayev signs decree defining powers of Kazakhstan's Vice President
Region16:35
Kazakhstan, China launch joint digital platform for grain, agricultural trade
Other countries16:15
Rescuers in Nepal pull Chinese national, woman alive 10 days after devastating floods
Other countries15:56
Farid Shafiyev: The Guardian distorted history of Armenia-Azerbaijan conflict
Foreign policy15:40
4 civilians killed, 9 injured in Houthi missile attack south of Taiz
Other countries15:23