Baku 16° C
Price of Azerbaijani oil in global market falls to $68
Energy
- 08 April, 2025
- 10:02
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 $1.5, or 2.15%, to $68.14 per barrel, Report informs.
June futures for Brent crude were traded at $66.68 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 fell by $1.49 or 2.19%, amounting to $66.53.
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
17:55
Germany fails to meet gas storage target as winter approaches
Other countries
17:43
Trump says US still has 'to take care of' one or two targets in Iran
Other countries
17:31
US Marine arrested for alleged drunk driving during curfew in Japan
Other countries
17:21
Thousands join Indian opposition protest demanding poll chief's resignation
Other countries
17:05
Five killed in fresh ethnic violence in India's Manipur state
Other countries
16:46
IRNA: Iran submits evidence to IMO regarding US, Israeli attacks on country's maritime infrastructure
Region
16:27
Kate Douglass crushes 100m freestyle world record to cap short course swim trials
Individual sports
16:05
Wooden fuel vessel catches fire near Strait of Hormuz
Other countries
15:50
Photo
Azerbaijani Foreign Ministry staff participate in Victory Run in Baku
Individual sports