Azeri Light price falls 3% to $70 per barrel
Energy
- 13 February, 2026
- 10:05
The price of Azerbaijan's Azeri Light crude oil decreased by $2.17, or 3%, to $70.03 per barrel on the global market, a source in the oil market told Report.
According to trading results, the price of April futures for Brent crude stood at $70.88 per barrel.
At Türkiye's Ceyhan port, the price of Azeri Light crude on an FOB basis fell by $2.23, or 3.19%, to $67.55 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $65 per barrel.
Latest News
16:14
Canada becomes first non-European country to participate in EU's SAFE
Other countries16:06
UK to ban social media for those under 16
Other countries15:50
Photo
Event dedicated to musical heritage of Mountain Jews organized in Azerbaijan's Guba
Religion15:43
Ombudsperson: Heydar Aliyev took responsibility during difficult period and carried out life-saving mission
Domestic policy15:31
Azerbaijan committed to strengthening relations with Maldives
Foreign policy15:22
Photo
Wheat sent from Russia to Armenia via Azerbaijan
Business15:21
At least 28 killed in Ethiopia bus crash
Other countries15:08
Azerbaijan to participate in regional meeting in Kabul
Foreign policy15:00