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Azeri Light crude rises 4.3% to $81.29 per barrel
Energy
- 14 July, 2026
- 09:31
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The price of Azerbaijan's Azeri Light crude oil rose by $3.38, or 4.3%, to $81.29 per barrel on the global market, according to a source in the oil market, Report informs.
Following the latest trading session, September Brent crude futures settled at $77.32 per barrel.
At Türkiye's Ceyhan port, the FOB price of Azeri Light crude increased by $3.30, or 4.4%, to $78.36 per barrel.
Azerbaijan's 2026 state budget is based on an average oil price of $65 per barrel.
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