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Azeri Light oil price drops nearly 5 percent on global markets
Energy
- 03 February, 2026
- 09:28
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The price of Azerbaijan's Azeri Light crude oil on the world market fell by $3.63, or 4.95 percent, to $69.72 per barrel, Report informs, citing a source in the oil market.
According to trading results, the price of April futures for Brent crude stood at $68.77 per barrel.
At Türkiye's Ceyhan port, the FOB price of Azeri Light crude decreased by $3.58, or 5.06 percent, reaching $67.16 per barrel.
Azerbaijan's state budget for this year is calculated based on an average oil price of $65 per barrel.
Author
Azərbaycan neftinin qiyməti 70 dollardan aşağı düşüb
Азербайджанская нефть Azeri Light подешевела почти на 5%
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