Baku 23° C
Price of Azerbaijani oil slightly improves
Energy
- 26 June, 2025
- 10:19
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 $0.37, or 0.51%, to $72.49 per barrel, Report informs.
August futures for Brent crude were traded at $69.23 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 $0.37 or 0.52%, amounting to $71.17.
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
17:36
CAMFEBA president: Azerbaijan and Cambodia can open new markets together
Infrastructure
17:35
Photo
President Ilham Aliyev receives Iranian Interior Minister
Foreign policy
17:22
Yellow wind warning issued for Baku and several Azerbaijani regions
Ecology
17:14
ITA: Over 20 Italian companies to participate in BakuBuild 2026
Economy
17:13
Photo
Czech transport minister visits Baku Railway Station
Infrastructure
17:09
Video
Sites of Memory of Western Azerbaijan: History of Boyuk Mazra
Domestic policy
17:06
Ilham Aliyev: Azerbaijan, Cambodia exploring opportunities to establish joint production facilities in various sectors
Foreign policy
16:54
Cambodia offers Azerbaijani investors tax incentives for up to 12 years
Business
16:49
Photo
Azerbaijan participates in OIV World Congress in China
AIC