Baku 22° C
Price of Azerbaijani oil nears $83
Energy
- 20 June, 2025
- 10:10
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 $3.41, or 4.3%, to $82.58 per barrel, Report informs.
August futures for Brent crude were traded at $80.44 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 went up by $3.41 or 4.38%, amounting to $81.2.
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
10:34
FAO, Azerbaijan study natural resource base in liberated territories
AIC
10:33
IsDB, WB to expand co-financing of development projects in member countries
Finance
10:29
Azeri Light crude falls over $5 per barrel
Energy
10:12
Azerbaijan's investment expenditures to nearly double in 2027
Finance
10:11
Iranian President Masoud Pezeshkian visiting Yerevan
Region
10:08
WB mobilizes around $100M in private capital in Azerbaijan in fiscal year 2026
Finance
10:02
SLB, BP ink deal for seismic data processing at Karabakh field in Caspian Sea
Energy
09:57
Azerbaijan MFA congratulates Sultan Hajiyev on CICA appointment
Foreign policy
09:52
Brent crude falls to $105.3 per barrel
Energy