Baku 24° C
Price of Azerbaijani oil reaches $77
Energy
- 01 January, 2025
- 10:24
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 $0.55, or 0.72%, to $77 per barrel, Report informs.
March futures for Brent crude were traded at $74.64 per barrel.
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
12:50
CBA, BlackRock mull co-op prospects
AIC
12:44
Azerbaijan's crude oil supplies to Vietnam exceed 1M tonnes
Energy
12:44
Photo
Ambulance crews in Azerbaijan to be equipped with tablets, navigation systems
Health
12:29
Russian FM Lavrov to visit Iran next week
Region
12:25
FAO: Nearly one-third of global population can't afford healthy diet
AIC
12:20
Photo
Azerbaijan, Albania discuss joint tourism initiatives
Tourism
12:14
Minister: Efficient resource use key for Azerbaijan's agriculture sector
AIC
12:13
Finance Ministry: Changes in oil prices may affect Azerbaijan's State Oil Fund assets by up to $1.8B
Finance
12:09
Photo
Azerbaijan, Kazakhstan and Uzbekistan discuss stronger rail and transit links
Infrastructure