Baku 18° C
Price of Azerbaijani oil in global market approaches $79
Energy
- 02 April, 2025
- 09:43
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 $0.42, or 0.54%, to $78.71 per barrel, Report informs.
June futures for Brent crude were traded at $77.68 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 $0.45 or 0.59%, amounting to $76.91.
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
17:56
Caucasus Muslims Office ready to foster interreligious dialogue, boost ties with Uzbekistan
Religion
17:49
Azerbaijan, OIC discuss cooperation in combating corruption
Foreign policy
17:40
Rashad Abdullayev: FIFA U-15 World Cup to provide valuable experience for Azerbaijan's coaches and players
Football
17:37
Photo
Azerbaijan, Kyrgyzstan prosecutors discuss legal aid, digitalization
Domestic policy
17:27
Dutch Ambassador: Azerbaijan aims to implement Westland model for greenhouse operations in Jabrayil
Karabakh
17:01
Uzbekistan's Muslim Board ready to strengthen religious ties with Azerbaijan
Foreign policy
16:44
Center for Islamic Civilization ready to collaborate on study of historical manuscripts in Tashkent, Baku
Foreign policy
16:26
Armenian PM, EU official discuss regional stability, unblocking communications
Region
16:23
Photo
Baku, Jakarta discuss Indonesian businesses' involvement in Garabagh's reconstruction
Business