Baku 16° C
Price of Azerbaijani oil in global market down
Energy
- 21 May, 2025
- 10:07
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 $0.45, or 0.66%, to $67.17 per barrel, Report informs.
July futures for Brent crude were traded at $65.61 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 $0.49 or 0.74%, amounting to $65.87.
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
13:10
Int'l organizations to expand global youth programs
Foreign policy
13:08
Coordination commission for construction projects established in Azerbaijan
Infrastructure
13:07
ICESCO official highlights role of 7th World Forum on Intercultural Dialogue in Baku
Cultural policy
13:05
Nihal Saad: Many countries not yet prepared for challenges posed by AI
Foreign policy
13:04
Photo
Azerbaijan and the Netherlands discuss strengthening political dialogue
Foreign policy
13:00
Foreign minister of Netherlands thanks Azerbaijan for evacuating Dutch citizens from Iran
Foreign policy
12:55
Photo
President of Azerbaijan Ilham Aliyev receives Dutch foreign minister
Foreign policy
12:54
Farid Jafarov: Azerbaijan to share its post-üar reconstruction experience with the world
Cultural policy
12:50
Photo
U-15 World Cup: Azerbaijan beats Israel 3-1
Football