Price of Azeri Light crude slightly drops on world market

Energy
  • 14 October, 2025
  • 10:23
Price of Azeri Light crude slightly drops on world market

The price of one barrel of Azerbaijanəs Azeri Light crude oil has decreased by $0.08, or 0.12%, settling at $66.28 on the global market, Report informs, citing sources in the oil market.

Brent crude futures for December closed at $64.26 per barrel following trading sessions.

Meanwhile, at Türkiye's Ceyhan port, the FOB (Free On Board) price of Azeri Light fell by $0.09, or 0.14%, to $64.64 per barrel.

For comparison, Azerbaijan's state budget for the current year is based on an average oil price of $70 per barrel.

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