Baku 18° C
Slight rise observed in Azerbaijani oil price
Energy
- 12 April, 2025
- 11:43
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 $0.45, or 0.68%, to $66.61 per barrel, Report informs.
June futures for Brent crude were traded at $65.97 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 fell by $0.29 or 0.45%, amounting to $64.83.
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
09:12
Azeri Light crude drops to $113.45 per barrel
Energy
09:07
N. Korea fires multiple missiles toward East Sea: JCS
Other countries
09:05
Key indicators of world commodity, stock, and currency markets (04.11.2026)
Finance
09:00
4 oil tankers ablaze after striking mines in Strait of Hormuz, IRGC says
Region
08:51
Politico: European Commission preparing 'cautious' EU accession plan for Ukraine
Other countries
08:34
Democrats have over 95% chance of taking control of US Senate, says NYT
Other countries
08:25
NYT: US, Venezuela hold talks on military agreement
Other countries
08:09
Vučić claims Student List seeks to abolish Serbia's traditional values
Other countries
07:54
Spanish Transport Minister resigns following deadly train crash in Toledo
Other countries