Baku 21° C
Azerbaijani oil price in global market up over $2
Energy
- 19 February, 2026
- 09:57
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 increased by $2.03, or 2.94%, to $70.95 per barrel, Report informs.
April futures for Brent crude were traded at $71.47 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 rose by $2.01 or 3.03%, amounting to $68.29.
The average oil price in Azerbaijan's state budget for 2026 was set at $65 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
11:15
Ilham Aliyev addresses participants of Rebuild Garabagh exhibition
Business
11:11
Parviz Shahbazov: Energy security must be aligned with consumer interests
Energy
11:09
Elnur Baghirov: Creating a healthy competitive environment particularly important
Infrastructure
11:05
Rahman Hajiyev: Demining in Garabagh among world's fastest
Infrastructure
10:58
Azerbaijan generates 4.2B kwh of green energy in nine months
Energy
10:49
Azerbaijan proposes joint development of renewable energy with Laos
Energy
10:46
Azerbaijani business delegation plans visit to Vietnam in 2027
Business
10:44
Laos proposes establishing joint business council with Azerbaijan
Business
10:42
Laos invites Azerbaijani businesses to its special economic zones on preferential terms
Business