Baku 14° C
Price of Azerbaijani oil reaches $69
Energy
- 25 April, 2025
- 09:45
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 $0.38, or 0.56%, to $69.01 per barrel, Report informs.
June futures for Brent crude were traded at $67.24 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 grew by $0.37 or 0.56%, amounting to $66.27.
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
14:33
Kyrgyzstan discovers new natural gas field
Energy
14:29
Deputy Minister: Azerbaijan aims to resolve school infrastructure issues by 2030
Education and science
14:13
Tokayev: Arrests at Samruk-Kazyna, KTZ signal widespread corruption in state-owned companies
Region
14:04
IAEA: Whereabouts of over 400 kg of enriched uranium in Iran unknown
Other countries
13:44
Photo
Video
Okhchuoglu – A Western Azerbaijan village renamed, its residents expelled, but its traces remain
Domestic policy
13:35
Azerbaijan's Media and Broadcasting Council urges outlets to verify visuals used in news reports
Media
13:30
Chlorine leak at Romanian chemical plant prompts evacuation of 260 people
Other countries
13:22
Tahir Rzayev: Taxation of agricultural sector could create difficulties
AIC
13:15
Photo
Baku to host International Forum of Sovereign Wealth Funds meeting in 2028
Finance