Baku 5° C
Azeri Light oil price rises to $71.22 per barrel
Energy
- 24 September, 2025
- 09:57
The price of one barrel of Azeri Light crude oil has increased by $1.76, or 2.53%, reaching $71.22 on the global market, according to sources cited by Report.
In comparison, Brent crude oil futures for November settled at $68.41 per barrel following recent trading sessions.
Meanwhile, the price of Azeri Light oil based on FOB at Turkey"s Ceyhan port rose by $1.73, or 2.55%, to $69.65 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.
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