Baku 11° C
Azeri Light crude oil price drops to $68.51 per barrel
Energy
- 03 October, 2025
- 09:56
The price of one barrel of Azeri Light crude oil has decreased by $1.10, or 1.58%, settling at $68.51 on the global market, Report informs.
Brent crude's December futures closed at $66.01 per barrel following trading sessions.
At Türkiyey's Ceyhan port, the FOB price of Azeri Light also dropped-falling by $1.12 or 1.65% to $66.95 per barrel.
For reference, Azerbaijan's 2025 state budget is based on an average oil price of $70 per barrel.
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