Baku 5° C
Azeri Light price falls 3% to $70 per barrel
Energy
- 13 February, 2026
- 10:05
The price of Azerbaijan's Azeri Light crude oil decreased by $2.17, or 3%, to $70.03 per barrel on the global market, a source in the oil market told Report.
According to trading results, the price of April futures for Brent crude stood at $70.88 per barrel.
At Türkiye's Ceyhan port, the price of Azeri Light crude on an FOB basis fell by $2.23, or 3.19%, to $67.55 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $65 per barrel.
Author
Latest News
11:33
Kazakhstan to launch $3.5 billion worth of new projects in 2026
Region11:26
Shooting at South Carolina State University residence complex kills 2 and wounds 1
Other countries11:21
Three injured in 4.5-magnitude quake in Afghanistan
Other countries11:11
Azerbaijan lagged behind OPEC+ quota by 90,000 bpd in January
Energy11:01
Gold, silver prices rise after significant decline
Finance10:50
'One Europe, One Market': EU eyes deeper single market by end of 2027
Other countries10:39
Oil prices fall as tensions between US, Iran, Venezuela ease
Energy10:35
S. Korean navy chief removed from duty over alleged role in Yoon martial law episode
Other countries10:29