Baku 23° C
Azerbaijani oil price exceeds $70
Energy
- 09 October, 2025
- 09:50
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.21, or 0.3%, to $70.08 per barrel, Report informs.
December futures for Brent crude were traded at $68.33 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 $0.2 or 0.29%, amounting to $68.44.
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
11:35
Azerbaijan interested in Egypt's experience in creating smart cities
Business11:15
Slovakia congratulates Azerbaijan on National Salvation Day
Foreign policy10:51
Syrian minister announces beginning of new stage in relations with Azerbaijan
Foreign policy10:32
Turkish Embassy releases statement over 5th anniversary of Shusha Declaration
Foreign policy10:13
Turkish Embassy congratulates Azerbaijan on National Salvation Day
Foreign policy09:56
Pakistani president welcomes US-Iran deal
Other countries09:52
Fifth anniversary of Shusha Declaration: Symbol of Azerbaijan-Türkiye brotherhood
Foreign policy09:42
MFA: Heydar Aliyev's return to power became foundation for strengthening Azerbaijan's independence
Domestic policy09:37