Baku 29° C
Azeri Light crude drops to $67.86 per barrel
Energy
- 27 January, 2026
- 10:25
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.48, or 0.7%, to $67.86 per barrel, Report informs.
March futures for Brent crude were traded at $67.82 per barrel.
The price of a barrel of Azeri LT CIF on Free on Board (FOB) basis at Türkiye's Ceyhan port fell by $0.51 or 0.77%, amounting to $65.25.
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.
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