Baku 23° C
Price of Azerbaijani oil in global market falls
Energy
- 30 May, 2025
- 10:00
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.63, or 0.93%, to $67.15 per barrel, according to Report.
July futures for Brent crude were traded at $64.70 per barrel.
The price of a barrel of Azerbaijani oil of the Azeri LT CIF on Free on Board (FOB) basis at Türkiye's Ceyhan port fell by $0.61 or 0.92%, amounting to $65.92.
The average oil price in Azerbaijan's state budget for 2025 was set at $70 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.
Author
Latest News
16:07
EU wishes to mull results of Witkoff's talks with Putin
Other countries
16:05
Photo
Residents relocated to Azerbaijan's Karabakh get breeding cattle
Social security
16:01
Zelensky says he is ready to freeze conflict with Russia along front line
Other
15:55
Outages disrupt mobile networks of French operators
ICT
15:51
Azerenerji, World Bank review progress on AZURE project
Energy
15:47
Mirzoyan: Russian Railways' concession raises questions among Armenia's Western partners
Infrastructure
15:32
AzerGold established its first subsidiary in the foreign country
Industry
15:22
Mukhtorkhon Tashkhodjaev: Victories of Azerbaijani Paralympians inspire millions
Individual sports
15:10
L'Opinione: Baku Forum to become a leading platform for intercultural dialogue
Cultural policy