Azerbaijani oil price up
20.02.2025 10:31
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.92, or 1.19%, to $78.40 per barrel.
April futures for Brent crude were traded at $76.54 per barrel.
The price of one barrel of Azeri Light crude oil on FOB basis at Türkiye's Ceyhan port increased by $0.94 or 1.73% to $77.02.
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.
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