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Azeri Light crude drops to $69.43 per barrel
Energy
- 16 September, 2025
- 09:53
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The price of one barrel of Azeri Light crude oil has decreased by $0.06, or 0.09%, settling at $69.43 on the global market, according to sources in the oil market, Report informs.
Brent crude oil futures for November delivery were priced at $67.60 per barrel based on trading results.
Meanwhile, at Türkiye's Ceyhan port, the price of Azeri Light oil on a FOB basis dropped by $0.04, or 0.06%, to $67.94 per barrel.
For comparison, Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.
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