Baku 21° C
Azeri Light oil price rises to $70.54 per barrel
Energy
- 17 January, 2026
- 11:00
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri Light crude oil on the global market increased by $1.25, or 1.8%, to $70.54 per barrel, a source in the oil market told Report.
According to trading results, the price of March futures for Brent crude stood at $67.76 per barrel.
At Türkiye's Ceyhan port, the FOB price of Azeri Light crude rose by $1.09, or 1.63%, to $68.08 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $65 per barrel.
Author
Latest News
22:29
NYT: White House press secretary fired after five days on the job
Other countries
22:22
European Commission to propose additional funding for Ukraine in 2027
Other countries
22:12
Trump denies involvement in Starlink slowdown in Ukraine
Other countries
21:45
Uzbekistan plans to build two more nuclear power plants
Energy
21:13
Photo
Shavkat Mirziyoyev discusses energy projects with SOCAR and BP
Energy
21:00
Hurricane Trudy strengthens to 195 kph off Mexico's coast
Other countries
20:35
International coalition calls Armenia's hosting of COP17 a double standard
Foreign policy
20:20
Video
Video on Patriotic War shared on President Ilham Aliyev's social media accounts
Domestic policy
20:10
Ilham Aliyev congratulates National Paralympic Committee on 30th anniversary
Domestic policy