Baku 22° C
Azeri Light crude drops to $66.63 per barrel
Energy
- 23 January, 2026
- 09:42
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.32, or 1.94%, to $66.63 per barrel, Report informs.
March futures for Brent crude were traded at $65.78 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 $1.37 or 2.09%, amounting to $64.07.
The average oil price in Azerbaijan's state budget for 2026 was set at $65 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
11:37
Zakir Nuriyev: Digitalization creating new opportunities for financial integration of Turkic countries
Finance11:36
Autonomous Vehicles in the World and in Azerbaijan: An Expert View by Naim Azizov
Infrastructure11:30
Azerbaijan MFA: 19 citizens repatriated, bodies of two more victims recovered after Azov Sea attack
Other11:23
State support for political parties in Azerbaijan grows 20% in 2025
Finance11:23
Azerbaijan's single treasury account balance down 27.6%
Finance11:22
Photo
Baku court reduces sentence in case involving French SAUR vice-president
Incident11:16
Türkiye's digital banking users exceed 129 million, industry official says
Finance11:10
SOCAR accounts for over 72% of state company dividend revenues in Azerbaijan
Finance11:06