Baku 18° C
Azerbaijani oil price slightly rising
Energy
- 16 October, 2025
- 10:36
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 $0.15, or 0.2%, to $64.26 per barrel, Report informs.
December futures for Brent crude were traded at $62.61 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 $0.11 or 0.2%, amounting to $62.55.
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.
Author
Latest News
11:49
Greater attention needed for preservation of Caspian Sea bioresources
AIC
11:46
Fishery development to strengthen food security, regional jobs in Azerbaijan
AIC
11:37
Pakistan's Asaan Khidmat center serves over 171,000 citizens since launch
Foreign policy
11:25
UN official: Azerbaijan's ASAN Service is exemplary public service model
Foreign policy
11:17
Pakistan's IT minister receives ASAN co-op medal
Foreign policy
11:11
Photo
MoUs signed to implement Azerbaijan's ASAN Service model in Djibouti, Sri Lanka
Foreign policy
11:11
UN identifies key factors for public governance through 2040
Foreign policy
11:02
Adriana Alberti: ASAN centers in Azerbaijan - example of successful innovation implementation
Foreign policy
10:59
President: ASAN Service also receives high recognition from United Nations
Foreign policy