Baku 29° C
Azeri Light crude drops to $71.97 per barrel
Energy
- 25 February, 2026
- 09:52
The price of Azerbaijan's Azeri Light crude declined on global markets, falling by $1.34, or 1.83%, to $71.97 per barrel, a source in the oil market told Report.
Following trading results, the price of April futures for Brent crude stood at $71.33 per barrel.
At Türkiye's Ceyhan port, the price of Azeri Light crude on an FOB basis decreased by $1.28, or 1.81%, to $69.36 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $65 per barrel.
Author
Latest News
14:13
Ahmed Rostom: Egypt reduces financing costs through Islamic finance
Finance14:10
Photo
President Ilham Aliyev receives delegation of heads of member institutions of Arab Coordination Group
Foreign policy14:06
Pakistani Ombudsman: AI should assist humans, not replace them
ICT14:03
Ilham Aliyev: Azerbaijan striving to become international transport hub
Domestic policy13:55
Vasip Şahin: AI brings legal challenges too
ICT13:55
President of Azerbaijan: We don't foresee any complications with respect to our economic development
Domestic policy13:51
President: Our country regards ensuring that technological progress serves human welfare as one of the fundamental principles of state policy
ICT13:46
Ilham Aliyev sends appeal to participants of International Baku Summit of Ombudsmen
Domestic policy13:43