Azeri Light oil price rises to $70.54 per barrel
Energy
- 17 January, 2026
- 11:00
The price of Azerbaijan's Azeri Light crude oil on the global market increased by $1.25, or 1.8%, to $70.54 per barrel, a source in the oil market told Report.
According to trading results, the price of March futures for Brent crude stood at $67.76 per barrel.
At Türkiye's Ceyhan port, the FOB price of Azeri Light crude rose by $1.09, or 1.63%, to $68.08 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $65 per barrel.
Latest News
17:47
Baku-Nakhchivan flights on July 6 postponed due to thunderstorms
Infrastructure17:44
Milli Majlis adopts final-reading fines to protect children's rights on social media
Milli Majlis17:40
Azerbaijan says measles, chickenpox situation remains stable
Health17:22
Azerbaijan, Spain paralympic committees sign cooperation memorandum
Individual sports17:22
Rey Karimoglu: For first time in Azerbaijan, NGO will determine coordinates of mine incidents
Domestic policy17:10
MFA: Repeated attacks on SOCAR facilities in Ukraine appear deliberate
Foreign policy17:08
Houssam Eldine Reda: Egypt working with Azerbaijan to simplify visa procedures
Foreign policy16:45
Azerbaijan MFA summons Russian envoy
Foreign policy16:45