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.
Latest News
15:22
Bangladesh's state minister to attend CICA Summit in Baku
Foreign policy
15:18
Photo
President of Laos visits Yanardag reserve
Foreign policy
15:15
Zulfiya Nuriyeva: Youth should preserve traditions of Azerbaijani clothing
Cultural policy
15:11
Manothong Vongsay: Laos interested in importing Azerbaijani oil – INTERVIEW
Business
15:05
Emomali Rahmon to attend CICA Summit in Baku
Foreign policy
15:03
Photo
Evaluation exercise underway within NATO Operational Capabilities Concept
Military
14:51
Kyiv invites Witkoff and Kushner for talks in Brussels
Other countries
14:51
Photo
Azerbaijan, Cambodia discuss strengthening interparliamentary ties
Milli Majlis
14:33
Baku urges France to put end to unfounded allegations against Azerbaijan
Foreign policy