Baku 17° C
Azerbaijani oil price surpasses $73
Energy
- 24 February, 2026
- 10:00
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $1.11, or 1.54%, to $73.31 per barrel, Report informs.
April futures for Brent crude were traded at $72.77 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 $1.12 or 1.61%, amounting to $70.67.
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
13:43
Photo
Video
Azerbaijani troops practicing combat operations in bunkers during exercises in Türkiye
Military13:38
American diplomat: Washington-Baku relations reached new level
Foreign policy13:22
Amy Carlon says glad to see Karabakh's development firsthand
Karabakh13:19
Alim Bayel: Number of students from Azerbaijan studying at universities in Kazakhstan doubled in one year
Education and science13:11
Juan Alvarez on his first trip to Karabakh: 'Glad to see firsthand pace of region's recovery'
Karabakh13:07
Chilean diplomat: Goal for 2026 - to develop trade relations with Azerbaijan
Foreign policy12:56
Botagoz Bermughanbetova: Kazakhstan expanding cooperation with Azerbaijan in education
Foreign policy12:49
Aukenova: Cardiff University opening access to British education for Central Asian students in Kazakhstan
Education and science12:47