Baku 17° 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
11:20
European exchange gas prices rise 3%
Energy
11:06
Photo
ANAMA, Slovak Armed Forces discuss prospects for future co-op
Domestic policy
10:56
Ali Asadov hopes construction of Azerbaijani theater in Tbilisi will begin soon
Cultural policy
10:50
Asadov: Joint energy projects strengthen regional and European security
Foreign policy
10:47
Azerbaijan is Georgia's largest investor with nearly $4 billion, Asadov says
Foreign policy
10:45
Kobakhidze highlights energy cooperation with Azerbaijan
Region
10:43
Asadov: Ties with Georgia are a foreign policy priority for Azerbaijan
Foreign policy
10:41
Kobakhidze calls economic ties a pillar of Azerbaijan–Georgia partnership
Foreign policy
10:40
Photo
Azerbaijan–Georgia economic commission opens 11th meeting in Sighnaghi
Foreign policy