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Azeri Light crude rises to $64.25 per barrel
Energy
- 20 December, 2025
- 09:29
The price of Azerbaijan's Azeri Light crude oil rose on the global market, increasing by $0.38, or 0.59%, to $64.25 per barrel, a source in the oil market told Report.
According to auction results, February futures for Brent crude were priced at $61.17 per barrel.
Meanwhile, at Türkiye's Ceyhan port, the FOB price of Azeri Light crude increased by $0.38, or 0.61%, reaching $62.15 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.
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