Azeri Light crude price drops on global market
Energy
- 22 January, 2026
- 10:19
The price of one barrel of Azerbaijan's Azeri Light crude oil on the world market fell by $1.44, or 2.07 percent, to $67.95, Report informs, citing a source in the oil market.
According to the trading results, the price of March futures for Brent crude stood at $67.43 per barrel.
At Türkiye's Ceyhan port, on an FOB basis, the price of one barrel of Azerbaijan's Azeri Light crude oil decreased by $1.49, or 2.23 percent, to $65.44.
In Azerbaijan's state budget for this year, the average price of one barrel of oil is based on $65.
Latest News
16:45
Ilyas Demirci: WUF13 in Baku proves Azerbaijan's global urban planning experience
Foreign policy16:43
UAE air defenses shoot down 6 Iranian missiles, 21 drones
Other countries16:30
Defendants accused of raising Soviet flag in Baku plead not guilty
Incident16:23
Azerbaijan suspends egg exports
AIC16:16
Ilham Aliyev approves amendments on reimbursement of part of expenses for foreign film producers
Cultural policy16:02
Ukraine's implementation of its EU integration plan reaches 84% in 2025
Other countries16:02
Photo
Coordination Headquarters members inspect renovated private house in Khojavand
Domestic policy15:56
EU to allocate over €450M in humanitarian aid to several Middle East countries
Other countries15:51
Photo