Baku 4° C
Price of Azerbaijani oil drops below $68
Energy
- 24 April, 2025
- 10:00
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $2.36, or 3.37%, to $67.63 per barrel, Report informs.
June futures for Brent crude were traded at $66.94 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 fell by $2.35 or 3.44%, amounting to $65.90.
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
20:53
Commander of Internal Troops to be appointed by President of Azerbaijan
Domestic policy20:31
Kobakhidze: USAID funded projects contrary to Georgia's interests
Region20:06
Serbia's NIS, Hungary's MOL ask US to suspend sanctions
Other countries19:57
Israel says it has killed senior IRGC commander in Lebanon
Other countries19:43
Budget of Mandatory Health Insurance Fund for 2025 revised
Domestic policy19:25
President of Azerbaijan approves law on internal troops
Domestic policy19:00
President Ilham Aliyev ratifies 'State Program on Improvement of Official Statistics in the Republic of Azerbaijan for 2026–2030'
Domestic policy18:56
Nearly half a billion passengers transported by public transport in Azerbaijan this year
Infrastructure18:35
Video