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Price of Azeri Light crude drops to $65.95 per barrel
Energy
- 31 October, 2025
- 09:05
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The price of one barrel of Azerbaijan's Azeri Light crude oil has fallen by $0.29, or 0.43%, settling at $65.95 on the world market, Report informs, citing a source in the oil sector.
According to trading results, the December futures price for Brent crude stood at $65.25 per barrel.
At Türkiye's Ceyhan port, the FOB price of Azeri Light decreased by $0.33, or 0.5%, to $63.87 per barrel.
For comparison, Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.
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