Baku 12° C
Price of Azerbaijani oil drops
Energy
- 03 April, 2025
- 09:49
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 decreased by $0.33, or 0.42%, to $78.38 per barrel, Report informs.
June futures for Brent crude were traded at $77.39 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 0.38%, amounting to $76.62.
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
16:25
Photo
First phase of Soltanli village in Jabrayil district inaugurated - Update
Domestic policy
16:24
Iranian, UAE FMs discuss regional situation
Other countries
16:24
Photo
President Ilham Aliyev and First Lady Mehriban Aliyeva attend opening of non-alcoholic beverage production facility in Jabrayil district - Update
Domestic policy
16:15
European Commission starts negotiations on free-roaming regime with Western Balkans
Other countries
16:13
Zelenskyy: Ukraine to receive new aid packages from Spain, Germany
Other countries
15:58
Azerbaijan, China discuss expanding air connectivity
Tourism
15:51
TikTok's algorithms deemed dangerous to mental health of EU users
Other countries
15:34
Unsettled weather to persist in Azerbaijan until November 10, weather service warns
Ecology
15:21
Azerbaijan mulls expanding trade ties with Suriname
Business