Baku 23° C
Price of Azerbaijani oil drops
Energy
- 04 April, 2025
- 09:29
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 $4.89, or 6.24%, to $73.48 per barrel, Report informs.
June futures for Brent crude were traded at $72.49 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 $4.81 or 6.28%, amounting to $71.81.
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
12:09
AzFina: Development of digital financial ecosystem entails new risks
Finance
11:59
Turkic states plan to establish common payment systems
Finance
11:56
President Ilham Aliyev: Political ties with Laos have been developing successfully for many years
Foreign policy
11:53
Presidents of Azerbaijan and Laos deliver press statements
Foreign policy
11:51
President Ilham Aliyev: I am confident that bilateral cooperation with Laos will further deepen
Foreign policy
11:50
Azerbaijani fintech companies to test products in Turkic states
Finance
11:43
Azerbaijani parliament ratifies memorandum with UN Climate Secretariat
Milli Majlis
11:42
Azerbaijan's CBA developing data and AI governance framework
Finance
11:40
Azerbaijan and Laos adopt Joint Statement and exchange documents
Foreign policy