Azeri Light oil rises to $70.54 per barrel on global market
Energy
- 02 September, 2025
- 09:47
The price of one barrel of Azerbaijan's Azeri Light crude oil has increased by $0.80, or 1.15%, reaching $70.54 on the global market, Report informs, citing sources in the oil industry.
According to trading results, Brent crude oil futures for October settled at $68.91 per barrel.
At Türkiye's Ceyhan port, the FOB price of one barrel of Azeri Light rose by $0.82, or 1.2%, to $68.24.
In Azerbaijan's 2025 state budget, the average price per barrel of oil is set at $70.
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