Baku 24° C
Azerbaijani oil price nears $79
Energy
- 12 February, 2025
- 06:26
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $1.11, or 1.42%, to $78.98 per barrel, Report informs.
April futures for Brent crude were traded at $77.03 per barrel.
The price of one barrel of Azeri Light crude oil on FOB basis at Türkiye's Ceyhan port increased by $1.03 or 1.35% to $77.54.
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
00:03
Türkiye's National Security Council discusses peace and stability in South Caucasus
Region23:48
Number of deaths from IDF strikes in Lebanon exceeds 3,900
Other countries23:42
US imposes sanctions on Lebanese politicians over support for Hezbollah
Other countries23:20
World Cup 2026: Best player of Czechia vs South Africa match announced
Football23:08
Trump calls for full ceasefire between Israel and Lebanon
Other countries22:55
AZAL cancels Baku–Nakhchivan flights due to bad weather
Infrastructure22:45
Video
Video from opening ceremony of IsDB Annual Meetings posted on Ilham Aliyev's social media accounts
Foreign policy22:37
CENTCOM lifts blockade of Iranian ports in Strait of Hormuz
Other countries22:26
Photo