Baku 21° C
Price of Azerbaijani oil exceeds $68
Energy
- 09 September, 2025
- 09:49
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 increased by $0.83, or 1.23%, to $68.31 per barrel, Report informs.
November futures for Brent crude were traded at $66.42 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 rose by $0.83 or 1.25%, amounting to $66.84.
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
08:54
Michael Jordan's Game 2 '98 Finals jersey sells for record $14 million
Team sports
08:42
6.4-magnitude earthquake jolts Panama
Other countries
08:30
ADB approves $302M loan for Baku Metro upgrade
Infrastructure
08:18
IMF forecasts 3.1% global economic growth in 2026
Economy
08:03
IMF expects Azerbaijan's economy to grow 2% on average in 2026-2027
Finance
07:51
IMF raises Azerbaijan's 2026-2027 current account surplus forecast
Finance
07:38
Azerbaijan says development cannot be sustained without traditional energy
Foreign policy
00:28
Ali Asadov sends congratulations to Morocco's first female head of government
Foreign policy
00:22
Azerbaijani wrestlers win two gold medals at Vladikavkaz tournament
Individual sports