Baku 19° C
Price of Azerbaijani oil drops slightly on global market
Energy
- 23 September, 2025
- 10:04
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 decreased by $0.07, or 0.10%, to $69.46 on the global market, according to sources in the oil trading sector, Report informs.
Meanwhile, Brent crude oil futures for November settled at $66.75 per barrel following the latest trading session.
At Türkiye's Ceyhan port, the price of Azeri Light oil on a FOB basis also declined by $0.07, or 0.10%, to $67.92 per barrel.
For 2025, Azerbaijan's state budget is based on an average oil price of $70 per barrel.
Author
Latest News
10:31
Photo
Khankandi hosts SOCGOV 2026 international forum on smart governance
ICT
10:29
Subsidies to Azerbaijan's Nakhchivan to be reduced 6.4% in 2027
Finance
10:24
Azerbaijan to double upper limit for state guarantees
Finance
10:22
Azerbaijan to allocate over $240M to reserve funds in 2027
Finance
10:17
ADB to help modernize electricity grid in Azerbaijan
Energy
10:05
Azerbaijan plans 22.2% rise in health insurance fund allocations in 2027
Finance
09:56
Azerbaijan's consolidated budget deficit upper limit for 2027 down 4.9%
Finance
09:53
Infantino: Azerbaijan, Uzbekistan preparing for U-20 World Cup
Football
09:48
All 67 Azerbaijani cities and districts to cover own spending in 2027
Finance