Azeri Light oil price falls by over 1% on global markets
Energy
- 16 December, 2025
- 10:00
The price of Azerbaijan's Azeri Light crude oil on the world market decreased by $0.7, or 1.09%, settling at $63.73 per barrel, a source in the oil market told Report.
According to trading results, February futures for Brent crude were priced at $61.4 per barrel.
At Türkiye's Ceyhan port, the FOB price of a barrel of Azeri Light oil declined by $0.69, or 1.11%, to $61.67.
Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.
Latest News
21:18
Polish, Armenian PMs discuss Yerevan–Baku peace process
Foreign policy21:10
EU extends sanctions on Belarus
Other countries21:00
Azerbaijan, Indonesia discuss strengthening bilateral cooperation
Foreign policy20:51
Azerbaijan's Permanent Mission to UN: Accountability for Khojaly genocide is undeniable
Foreign policy20:45
Photo
Azerbaijan's Economic Council adopts decisions to improve business environment
Business20:35
Leyla Aliyeva meets Patriotic War veteran Ravan Azizov
Domestic policy20:30
Photo
Khojaly genocide victims commemorated at The Hague's Grote Kerk
Foreign policy20:17
Ilham Aliyev: We must and will always be strong so that such tragedies do not happen again
Domestic policy20:11