Baku 20° C
Latest price of Azerbaijani oil
Energy
- 05 August, 2025
- 09:26
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.78, or 1.09%, to $70.59 per barrel, Report informs.
October futures for Brent crude were traded at $70.84 per barrel.
The price of a barrel of Azerbaijani oil of the Azeri LT CIF on Free on Board (FOB) basis at Türkiye's Ceyhan port dropped by $0.78 or 1.11%, amounting to $69.17.
The average oil price in Azerbaijan's state budget for 2025 was set at $70 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.
Author
Latest News
21:56
Photo
Sahiba Gafarova: TURKPA has become key platform for parliamentary diplomacy
Milli Majlis
21:49
Farida Jabbarova: Truth about fate of over 4,000 Azerbaijanis must reach world
Karabakh
21:13
S&P Global expects sustainable aviation fuel production to rise through 2028
Energy
20:56
Nargiz Gurbanova highlights key areas of Azerbaijan-Hungary ties
Foreign policy
20:31
Hungary has invested about $2 billion in Azerbaijan — ambassador
Foreign policy
20:04
Photo
Azerbaijan, Portugal discuss opening of embassy in Lisbon
Foreign policy
19:58
Azerbaijani diplomat discusses cooperation with Macdonald-Laurier Institute
Foreign policy
19:28
Ganja Memorial Complex placed under Culture Ministry
Domestic policy
19:21
Offshore construction begins on $2.9 billion Shah Deniz Compression project
Energy