Baku 27° C
Azeri Light crude drops over 4% to $70.65 per barrel
Energy
- 30 September, 2025
- 10:12
The price of one barrel of Azerbaijan's Azeri Light crude has dropped by $3.11, or 4.22%, settling at $70.65 on the global market, Report informs, citing industry sources.
According to trading data, Brent crude futures for November delivery were priced at $68.85 per barrel.
At Türkiye's Ceyhan port, the FOB price of Azeri Light also fell by $3.13, or 4.33%, to $69.11 per barrel.
For reference, Azerbaijan's 2025 state budget is based on an average oil price of $70 per barrel.
Author
Latest News
23:59
3.8-magnitude earthquake recorded on Azerbaijan-Armenia border
Incident23:56
Iran accuses US of 'compulsive addiction' to sanctions
Region23:39
Fire breaks out at refinery in western Libya after strike
Other countries23:16
US expresses commitment to strengthening relations with Armenia and Azerbaijan
Foreign policy22:51
Polish Sejm speaker notes deterioration in ties with Ukraine
Other countries22:43
Ukrainian MiG-29 crashes during combat mission in Odesa region
Other countries22:39
Joint Statement: Azerbaijan and Armenia's steps toward lasting peace are a model for the world
Foreign policy22:19
US, Azerbaijan, Armenia issue joint statement on anniversary of White House Peace Summit
Foreign policy21:45