Baku 34° C
USD - 1.700 Price of Azerbaijani oil rebounds
Energy
- 30 August, 2025
- 10:36
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.43, or 0.62%, to $69.74 per barrel, Report informs.
October futures for Brent crude were traded at $67.85 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 rose by $0.43 or 0.63%, amounting to $68.24.
The average oil price in Azerbaijan's state budget for 2025 was set at $70 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
Azerbaijani Version 
Russian Version Latest News
16:35
Azerbaijan reduces rice imports by 19%
Business16:28
Azerbaijan may ban construction materials harmful to health
Business16:10
President of Azerbaijan Ilham Aliyev arrives in China for working visit
Foreign policy16:06
Money supply in Azerbaijan increases by 6.1%
Finance15:57
Search for mass graves in hard-to-reach mountain areas completed in Kalbajar
Domestic policy15:31
Leyla Aliyeva and Arzu Aliyeva visit National Oncological Center
Domestic policy15:24
Credit investments in Azerbaijan's economy up by 11%
Finance15:16
Azerbaijan's trade turnover with EU countries rises by 14%
Business15:13