Baku 16° C
Azeri Light price rises to $62.4 per barrel
Energy
- 22 October, 2025
- 09:55
The price of one barrel of Azeri Light crude oil has increased by $0.57, or 0.92%, reaching $62.4 on the global market, Report cites sources in the oil sector.
Meanwhile, the price of Brent crude for December futures settled at $61.09 per barrel following recent trading.
At Türkiye's Ceyhan port, the FOB price of Azeri Light rose by $0.53, or 0.88%, to $60.44 per barrel.
Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.
Author
Latest News
17:54
Leftwinger Catherine Connolly to be Ireland's next president after landslide election victory
Other countries17:48
One of Iran's largest private banks bankrupt
Region17:45
Media: White House pressuring Congress to repeal Caesar Act on Syria
Other countries17:43
Trump to meet Qatar's emir during refuel stop en route to Malaysia
Other countries17:43
Syria signs landing deal for first international submarine cable
Other countries17:34
Black boxes of cargo plane that crashed in Hong Kong retrieved
Other countries17:27
Photo
Baku State Circus resumes operations
Cultural policy17:22
Azerbaijan imports 33,320 tons of meat in nine months
Business17:15