Baku 16° C
Price of Azerbaijani oil in global market up
Energy
- 17 May, 2025
- 11:00
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 $0.49, or 0.73 %, to $67.14 per barrel, Report informs.
July futures for Brent crude were traded at $65.1 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 $0.46 or 0.7%, amounting to $65.86.
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
09:58
Five countries express interest in adopting Azerbaijan's ASAN model
Domestic policy
09:53
Baku to crown FIFA U-15 World Cup and Festival winner
Football
09:51
Brent grows 2.53%
Energy
09:43
WSJ: CENTCOM chief briefs Trump on Iran military options
Other countries
09:43
Azeri Light crude sells for $122.28 per barrel
Energy
09:39
China plans flight test of reusable spacecraft in 2027
Other countries
09:39
Binance estimates losses at $6.3B following 'security incident'
Finance
09:26
Likud wins most seats in Israeli election, but neither bloc secures majority
Other countries
09:16
CBA currency exchange rates (30.10.2026)
Finance