Baku 16° 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
12:37
Azerbaijan to roll out payment tokenization through instant payment system in 2027
Finance
12:33
SOCAR Polymer earns $197 million from exports
Energy
12:30
Azerbaijan repays nearly 1.5B manats in debt in nine months
Finance
12:30
Jeyhun Bayramov meets with Hakan Fidan in Ankara
Foreign policy
12:25
Photo
Wizz Air launches direct Baku–Bratislava flights
Infrastructure
12:20
Governor: CBA reduces its participation in Azerbaijan's interbank market
Finance
12:18
CBA official: Money supply growth in Azerbaijan isn't driving inflation
Finance
12:15
Kyrgyzstan to host 62nd meeting of CIS Interstate Council on Antimonopoly Policy
Foreign policy
12:11
Kazakhstan elected new chair of CIS Interstate Council on Antimonopoly Policy
Foreign policy