Baku 21° C
Azeri Light oil rises to $70.54 per barrel on global market
Energy
- 02 September, 2025
- 09:47
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of one barrel of Azerbaijan's Azeri Light crude oil has increased by $0.80, or 1.15%, reaching $70.54 on the global market, Report informs, citing sources in the oil industry.
According to trading results, Brent crude oil futures for October settled at $68.91 per barrel.
At Türkiye's Ceyhan port, the FOB price of one barrel of Azeri Light rose by $0.82, or 1.2%, to $68.24.
In Azerbaijan's 2025 state budget, the average price per barrel of oil is set at $70.
Author
Latest News
11:05
Rahman Hajiyev: Demining in Garabagh among world's fastest
Infrastructure
10:58
Azerbaijan generates 4.2B kwh of green energy in nine months
Energy
10:49
Azerbaijan proposes joint development of renewable energy with Laos
Energy
10:46
Azerbaijani business delegation plans visit to Vietnam in 2027
Business
10:44
Laos proposes establishing joint business council with Azerbaijan
Business
10:42
Laos invites Azerbaijani businesses to its special economic zones on preferential terms
Business
10:38
Photo
Baku hosting 3rd National Competition Forum
Business
10:37
Laos proposes connecting Azerbaijani ports to Southeast Asian markets
Infrastructure
10:36
Laos and Azerbaijan negotiating bilateral investment agreement
Business