Baku 25° C
Azerbaijani oil price down slightly
Energy
- 01 February, 2025
- 07:28
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.32, or 0.4%, to $78.52 per barrel, Report informs.
April futures for Brent crude were traded at $75.67 per barrel.
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.
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