Baku 7° C
Azeri Light oil price rises to $69.21 per barrel
Energy
- 04 October, 2025
- 10:12
The price of Azerbaijan's Azeri Light crude oil rose by $0.7 or 1.02%, reaching $69.21 per barrel, Report informs, citing sources from the oil market.
Meanwhile, Brent crude oil's December futures were priced at $66.49 per barrel following trading results.
At Türkiye's Ceyhan port, the FOB price for Azeri Light also increased $0.74 or 1.1% to $67.69 per barrel.
For comparison, Azerbaijan's 2025 state budget is based on an average oil price of $70 per barrel.
Author
Latest News
17:43
US envoy, foreign ministers of Iran and Egypt hold phone talks
Region17:32
Photo
Foreign media representatives watch demining operations in Azerbaijan's Aghdam
Domestic policy17:18
Mirzoyan says necessary to review goals of EU monitoring mission in Armenia
Region17:17
Non-oil, gas sector provided 51.9% of Azerbaijan's budget revenues in 2025
Finance17:12
Photo
QS European ranking: Number of Azerbaijani universities rises to 15
Education and science17:01
Azerbaijan may introduce tax breaks in connection with WUF13
Business16:59
Photo
Azerbaijan mulls developing cooperation with World Petroleum Council
Energy16:58
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
Business16:55