Baku 7° C
Azerbaijani oil price exceeds $95
Energy
- 12 March, 2026
- 09:45
The price of one barrel of Azerbaijani Azeri Light crude oil on the world market increased by $5.09, or 5.63%, to $95.43, a source in the oil market told Report.
According to the results of the trading, the price of May futures for Brent crude oil amounted to $91.46.
The price of one barrel of Azeri Light crude at the FOB basis at Turkish Ceyhan port increased by $5.07 or 5.87%, amounting to $91.40.
In Azerbaijan's state budget for this year, the average price of one barrel of oil has been calculated at $65.
Author
Latest News
00:03
Saudi Aramco in talks to buy Ukrainian drones to protect oil fields
Other countries23:59
Anar Guliyev, Anacláudia Rossbach mull joint projects in Karabakh and East Zangazur
Infrastructure23:53
US shifts air defense systems from Europe to Middle East amid Iran conflict
Other countries23:52
American expert adds Ilham Aliyev to list of top impactful leaders
Foreign policy23:36
Photo
Azerbaijan's achievements in women's rights, digital development presented at UN
Foreign policy23:34
Military camp in southern Baghdad comes under attack
Other countries23:24
FM Ignazio Cassis thanks Azerbaijan for evacuation of Swiss citizens from Iran
Foreign policy23:13
Narendra Modi and Masoud Pezeshkian mull 'the serious situation in the region'
Region23:12