Baku 29° C
Azerbaijani oil price exceeds $103
Energy
- 10 March, 2026
- 10:05
The price of one barrel of Azerbaijani Azeri Light crude oil on the world market increased by $8.41, or 8.89%, to $103.03, a source in the oil market told Report.
According to the results of the trading, the price of May futures for Brent crude oil amounted to $102.84.
The price of one barrel of Azeri Light crude at the FOB basis at Turkish Ceyhan port increased by $8.6 or 9.5%, amounting to $99.10.
In Azerbaijan's state budget for this year, the average price of one barrel of oil has been calculated at $65.
Author
Latest News
16:47
Azerbaijan creating new water sources in Karabakh, Eastern Zangazur
AIC16:37
Azerbaijan to expand agricultural projects in Kalbajar
AIC16:24
Furfari: Co-op with Azerbaijan important for regional stability
Energy16:24
Armenia's CEC invalidates voting results at another polling station
Region16:07
Myanmar's president to pay state visit to China from June 15 to 19
Other countries16:04
EU to allocate €540M to farmers amid Middle East conflict
Other countries15:57
Azerbaijan to direct 40% of agricultural support to livestock sector
AIC15:45
Azerbaijan, Türkiye discuss banking sector cooperation
Finance15:34