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Price of Azerbaijani oil in global market falls

World
11:07 | 04.02.2025
Price of Azerbaijani oil in global market falls

Price of Azerbaijani oil in global market falls

The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.37, or 0.47%, to $78.15 per barrel.

April futures for Brent crude were traded at $75.51 per barrel.

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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