Baku 21° C
Azerbaijani oil price in global market falls to $69
Energy
- 06 August, 2025
- 10:20
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.45, or 2.05%, to $69.14 per barrel, Report informs.
October futures for Brent crude were traded at $69.48 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 fell by $1.57 or 2.27%, amounting to $67.60.
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
Latest News
20:03
Video
Euronews: Baku forum on intercultural dialogue helped people look beyond conflicts
Foreign policy
19:43
Photo
Azerbaijan and Bulgaria hold sixth round of political consultations between foreign ministries
Foreign policy
19:37
Video
Video of President's visit to Jabrayil and Zangilan districts posted on his social media accounts
Domestic policy
19:29
Sahiba Gafarova highlights Azerbaijan's digital achievements in Astana
Foreign policy
19:16
Georgian MP says Azerbaijan's victory guarantees peace in the region
Region
19:13
Daily Mail: Meghan Markle's father arrested in Florida on child sexual abuse material charges
Other countries
19:00
Bloomberg: US and Iran near breakthrough in talks to end conflict
Other countries
18:48
IRGC claims to have shot down 16th US drone over Qeshm island
Other countries
18:35
Milli Majlis committee endorses bill on Absheron offshore block
Energy